Colgate Announces 4th Quarter 2018 Results
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Colgate-Palmolive Company (CL) PT Lowered to $57 at Macquarie
January 29, 2019 6:52 AM ESTMacquarie analyst Caroline Levy lowered the price target on Colgate-Palmolive Company (NYSE: CL) to $57.00 (from $60.00) while maintaining a Neutral rating. Macquarie cut 2019 EPS estimates to $2.84, 2020 to $3.00 and 2021 to $3.20 (from $2.95, $3.13 and $3.33), for lower ebit margin outlook.
Levy remains cautious on the outlook for the... More
Colgate-Palmolive (CL) Tops Q4 EPS by 1c, Comments on Outlook
January 25, 2019 6:56 AM ESTColgate-Palmolive (NYSE: CL) reported Q4 EPS of $0.74, $0.01 better than the analyst estimate of $0.73. Revenue for the quarter came in at $3.81 billion versus the consensus estimate of $3.78 billion.
Ian Cook, Chairman and Chief Executive Officer, commented on the fourth quarter results, We are pleased with the improvement in organic sales growth this quarter, driven by 2.5% positive pricing.
Colgates leadership of the global toothpaste market continued during the quarter with our global market share at 42.0% year to date. Our global leadership in manual toothbrushes also... More
