Colgate Announces 1st Quarter 2021 Results
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Colgate-Palmolive (CL) Tops Q1 EPS by 1c, Revenues Beat
April 30, 2021 6:56 AM EDTColgate-Palmolive (NYSE: CL) reported Q1 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $4.34 billion versus the consensus estimate of $4.25 billion.
Net sales increased 6.0%, Organic sales* increased 5.0%On a GAAP basis, EPS declined 4% to $0.80; On a Base Business basis, EPS* grew 7% to $0.80GAAP Gross profit margin increased 50 basis points to 60.7%; Base Business Gross profit margin* increased 40 basis points to 60.7%Net cash provided... More