Colgate-Palmolive Co reports results for the quarter ended June 30 - Earnings Summary

• Colgate-Palmolive Co CL reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 90 cents per share. Wall Street expected results to range from 85 cents to 92 cents per share.

• Revenue rose 1% to $5.11 billion from a year ago; analysts expected $5.03 billion.

• Colgate-Palmolive Co's reported EPS for the quarter was 91 cents​.

• The company reported quarterly net income of $743 million.

• Colgate-Palmolive Co shares had fallen by 7.8% this quarter and lost 7.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the personal products peer group is "hold."

• Wall Street's median 12-month price target for Colgate-Palmolive Co is $100.00, about 16.2% above its last closing price of $83.85

This summary was machine generated from LSEG data August 1 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)