Colgate-Palmolive (CL) Tops Q4 EPS by 2c; Offers FY Guidance

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Raymond James lifts Colgate-Palmolive (CL) on upside opportunity in 2024

January 29, 2024 9:57 AM EST

Colgate-Palmolive (NYSE: CL) was raised to Outperform from Market Perform at Raymond James on Monday, with analyst Olivia Tong assigning the stock a $91 per share price target.

The firm sees an "upside opportunity" for the stock in 2024 following its fourth-quarter earnings and full-year guidance.... More

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