Colgate-Palmolive (CL) February 70 straddle priced into quarter results

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Colgate-Palmolive (CL) tops Q4 consensus expectations

January 27, 2023 7:55 AM EST

Colgate-Palmolive (NYSE: CL) shares fell before the open Friday in reaction to its latest earnings report in which the company topped earnings and revenue consensus expectations.

The consumer products firm posted fourth-quarter earnings of $0.77 per share, $0.01 better than the analyst estimate of $0.76, while revenue for the quarter came in at $4.63 billion versus the... More