Categories AlphaGraphs, Consumer, Earnings

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q3 2023 financial results

Colgate-Palmolive Company (NYSE: CL) reported third quarter 2023 earnings results today.

Net sales increased 10.5% year-over-year to $4.9 billion. Organic sales increased 9%.

Net income attributable to Colgate-Palmolive Company was $708 million, or $0.86 per share, compared to $618 million, or $0.74 per share, last year. Adjusted EPS increased 16% to $0.86.

Both revenue and earnings beat expectations.

For the full year of 2023, the company expects net sales growth of 6-8% and organic sales growth of 7-8%.

The stock gained over 1% on Friday.  

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

General Motors (GM) fast-tracks EV transition. Is the stock a buy?

General Motors Co. (NYSE: GM) has been ramping up its electric vehicle business, rolling out new models and expanding the production of battery packs. The auto giant’s aggressive EV strategy

Lennar to report Q2 earnings. Will results benefit from demand recovery?

After giving mixed signals in the first half, demand for new homes in the US is expected to recover in the later part of the year. While there is pent-up

Campbell Soup (CPB): A few factors that shaped the Q3 performance

Shares of Campbell Soup Company (NYSE: CPB) stayed red on Monday. The stock has dropped over 8% in the past one month. The food company delivered sales and earnings growth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top