Colgate-Palmolive is due for a turnaround, one analyst says. Here’s what can drive it.
Colgate-Palmolive Co. shares are down 4.9% Friday despite the toothpaste and toothbrush giant reporting better-than-expected fourth-quarter profit and hitting a full-year revenue milestone. However, the company’s revenue guidance came in below Wall Street’s expectations.
Colgate-Palmolive Co (CL) Stock: Surpassing Expectations in the Market?
Colgate-Palmolive Co (CL) stock saw a decline, ending the day at $86.7 which represents a decrease of $-4.19 or -4.61% from the prior close of $90.89. The stock opened at $85.43 and touched a low of $85.
Colgate-Palmolive EPS Up, Revenue Lags
Palmolive (NYSE:CL) reported mixed fourth-quarter and full-year 2024 earnings on Friday, Jan. 31. Adjusted earnings per share (EPS) for Q4 rose to $0.91, surpassing Wall Street consensus estimates of $0.
Colgate-Palmolive: Q4 Earnings Snapshot
The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. The consumer products maker posted revenue of $4.94 billion in the period, which missed Street forecasts.
Why Colgate-Palmolive (CL) Shares Are Falling Today
What Happened? Shares of consumer products company Colgate-Palmolive (NYSE:CL) fell 5.2% in the morning session after the company reported underwhelming fourth quarter results. Its EBITDA missed, and its organic revenue fell short of Wall Street's estimates.
Why Colgate-Palmolive Stock Fell Today
Shares of Colgate-Palmolive ( CL -4.61%) pulled back today after the household products giant missed the mark on the top line in its fourth-quarter earnings report and gave a weak outlook. As a result,
Colgate-Palmolive price target lowered to $105 from $110 at Raymond James
Raymond James lowered the firm’s price target on Colgate-Palmolive (CL) to $105 from $110 and keeps an Outperform rating on the shares. The ...
Colgate looking to reduce the impact of possible tariffs on toothpaste made in Mexico
Colgate Palmolive is looking at ways to reduce the impact of possible tariffs on its toothpastes, which the company ...
Colgate CEO points to urban warfare via deep discounts
Colgate-Palmolive CEO Noel Wallace highlighted intense discounting wars among consumer goods companies in India due to ...
Colgate-Palmolive price target lowered to $104 from $111 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Colgate-Palmolive (CL) to $104 from $111 and keeps an Overweight rating on the shares. The ...
Colgate-Palmolive sees weaker annual sales on demand slowdown
Toothpaste maker Colgate-Palmolive forecast annual sales below Wall Street expectations after missing quarterly sales ...
Colgate-Palmolive's SWOT analysis: stock resilient amid global challenges
Colgate-Palmolive (NYSE:CL), a global leader in consumer products, has demonstrated resilience in the face of economic headwinds and market volatility. The company's strong brand portfolio and ...
Major brands Nestle, Tyson, Shell, and Colgate added to X lawsuit alleging multi-billion-dollar plot to withhold ad revenue
X added seven companies to its lawsuit Saturday, alleging they partook in a World Federation of Advertisers-coordinated (WFA) ...
Colgate-Palmolive (CL) Gets a Hold from Stifel Nicolaus
In a report released today, Mark Astrachan from Stifel Nicolaus maintained a Hold rating on Colgate-Palmolive (CL – Research Report), with a ...