Oil prices steady near 2-mth high, set for strong week on demand optimism

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Colgate-Palmolive (CL) tops consensus expectations, sees increased advertising investment in 2024

January 26, 2024 8:04 AM EST

Colgate-Palmolive (NYSE: CL) shares rose premarket Friday after the company reported its latest quarterly earnings, topping consensus expectations.

The consumer products company posted fourth-quarter earnings of $0.87, $0.02 better than the analyst estimate of $0.85. At the same time, revenue for the quarter came in at $4.95 billion, up 7% year-on-year and above the consensus estimate of... More