Colgate-Palmolive (CL) Tops Q1 EPS by 3c

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Go back to Colgate-Palmolive (CL) Tops Q1 EPS by 3c

Colgate-Palmolive (CL) tops Q1 expectations despite cost pressures

April 28, 2023 11:51 AM EDT

Colgate-Palmolive (NYSE: CL) shares jumped more than 3% Friday on the back of its first-quarter earnings and revenue beat.

The consumer products company reported Q1 EPS of $0.73, $0.03 better than the analyst estimate of $0.70, while revenue for the quarter, which rose 8.5% YoY, came in at $4.77 billion versus the consensus estimate of $4.57... More