Have you been paying attention to shares of Colgate-Palmolive (CL) ? Shares have been on the move with the stock up 3.9% over the past month. The stock hit a new 52-week high of $83.62 in the previous session. Colgate-Palmolive has gained 3.9% since the start of the year compared to the -5.2% move for the Zacks Consumer Staples sector and the 5.7% return for the Zacks Soap and Cleaning Materials industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it has ...

Colgate-Palmolive Company (NYSE:CL) Q4 2023 Earnings Call Transcript January 26, 2024 8:30 AM ET Company Participants John Faucher - Chief Investor Relations Officer & Executive Vice President, M&A Noel Wallace - Chairman, President and Chief Executive Officer Stan Sutula - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Andrea Teixeira - JP Morgan Filippo Falorni - Citi Callum Elliott - Bernstein Steve Powers - Deutsche Bank Peter Grom - ...

Colgate-Palmolive Company (CL) reported fourth-quarter 2023 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansion.On a Base Business basis (non-GAAP basis), earnings were 87 cents per share, up 13% from the prior-year period. The bottom line surpassed the Zacks Consensus Estimate of 85 cents.Net sales of $4,950 million increase ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Colgate-Palmolive (CL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Colgate-Palmolive is a member of our Consumer Staples group, which includes ...

For the quarter ended December 2023, Colgate-Palmolive (CL) reported revenue of $4.95 billion, up 6.9% over the same period last year. EPS came in at $0.87, compared to $0.77 in the year-ago quarter.The reported revenue represents a surprise of +1.06% over the Zacks Consensus Estimate of $4.9 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +2.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

4Q and Full Year 2023 Earnings Presentation January 2024 Notice for Investor Presentation Please review the fol ...

Colgate-Palmolive (CL) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.35%. A quarter ago, it was expected that this consumer products maker would post earnings of $0.80 per share when it actually produced earnings of $0.86, delivering a surprise of 7.50%.Over the last four quarters ...

Dental, personal care and pet food products maker Colgate Palmolive Co. CL, +1.42% said Friday it had net income of $718 million, or 87 cents a share, in the fourth quarter, up from $5 million, or 1 cent a share, in the year-earlier period. Adjusted per-share earnings came to 87 cents, ahead of the 85 cent FactSet consensus. Sales rose to $4.950 billion from $4.629 billion, also ahead of the $4.893 billion FactSet consensus. “We leveraged our strong margin performance to invest behind building our brands, ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

In today’s ever-evolving economic landscape, where the threat of recession remains remarkably relevant, the allure of consumer staples stocks has become increasingly prominent. Looking back at the previous year, we witnessed a scenario where stubborn inflation left the Federal Reserve with no option but to ratchet up interest rates. Notably, even as the stock market has pivoted to a bull market, the U.S. recession probability stood at a concerning 62.9% as of December 2023, a noticeable jump from November’s ...