Colgate-Palmolive Company (NYSE:CL) is reporting third quarter financial results on Friday 30th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, CL is expected to report 3Q20 income of $ 0.70 per share from revenue of $ 3976.19 million.
For the full year, analysts anticipate top line of $ 15997.00 million, while looking forward to income of $ 2.96 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 16,321.00 million ~ $ 16,635.00 million
Click Here For More Historical Outlooks Of Colgate-Palmolive Company
Previous Quarter Performance
Colgate-Palmolive Company unveiled income for the second quarter of $ 0.74 per share, from the revenue of $ 3,897.00 million. The quarterly earnings expanded 2.78 percent while revenues gained 0.80 percent compared with the same quarter last year.
Street analysts expected Colgate-Palmolive Company to report income of $ 0.69 per share on revenue of $ 3780.68 million for the second quarter. The bottom line results beat street analysts by $ 0.05 or 7.25 percent, at the same time, top line results outshined analysts by $ 116.32 million or 3.08 percent.
Stock Performance
Shares of Colgate-Palmolive Company traded low $ -0.19 or -0.25 percent on Thursday, reaching $ 76.67 with volume of 3.85 million shares. Colgate-Palmolive Company has traded high as $ 77.44 and has cracked $ 75.56 on the downward trend
According to the previous trading day, closing price of $ 76.67, representing a 31.41 % increase from the 52 week low of $ 58.49 and a 5.1 % decrease over the 52 week high of $ 80.99.
The company has a market capital of $ 65.74 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Conference Call
Colgate-Palmolive Company will be hosting a conference call at 8:30 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.colgatepalmolive.com
Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company operates through two segments, Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; and personal care products, such as liquid hand soaps, bar soaps, shower gels, deodorants and antiperspirants, skin care products, and shampoos and conditioners.
