Categories AlphaGraphs, Consumer, Earnings
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today.
Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%.
Net income attributable to Colgate-Palmolive Company was $731 million, or $0.89 per share, compared to $502 million, or $0.60 per share, last year. Base business EPS grew 18% to $0.91.
Revenue and earnings beat estimates, allowing the stock to gain over 1% in premarket hours on Friday.
For the full year of 2024, the company expects net sales growth of 2-5% and organic sales growth of 6-8%.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key takeaways from Kroger’s (KR) Q1 2025 earnings report
The Kroger Co. (NYSE: KR) recently reported mixed results for the first quarter of fiscal 2025, with earnings beating estimates and sales missing. The grocery giant’s stock rose following the
What to expect when McCormick & Company (MKC) reports Q2 2025 earnings results
Shares of McCormick & Company, Incorporated (NYSE: MKC) gained over 1% on Monday. The stock has dropped 7% over the past three months. The condiments maker is slated to report its second
Earnings Preview: Paychex (PAYX) looks set to end FY25 on a strong note
Paychex Inc. (NASDAQ: PAYX) has benefited from the stable labor market and resilient customers, despite inflationary pressures and the challenging economic environment. The company is leveraging its strong fundamentals and
