Headline: Colgate-Palmolive Surpasses Expectations: Earnings Beat Estimates by $0.03, Profits Soar
Colgate-Palmolive (NYSE: CL) reported third-quarter earnings per share of $0.91, surpassing analysts' expectations of $0.88 by $0.03. The reported revenue for the quarter was $5.03 billion, slightly above the analysts' forecast of $5.01 billion.
Colgate-Palmolive's shares closed the day at $99.74, indicating a 0.35% increase over three months and a 36.48% gain over the past 12 months. The company has experienced 10 positive earnings per share outcomes and 6 negative ones over the last 90 days. According to InvestingPro, Colgate-Palmolive's financial health is rated as "Very Good performance."