What To Expect From Colgate-Palmolive’s (CL) Q4 Earnings

StockStory
01-30
What To Expect From Colgate-Palmolive’s (CL) Q4 Earnings

Consumer products company Colgate-Palmolive (NYSE:CL) will be reporting results tomorrow before market open. Here’s what investors should know.

Colgate-Palmolive met analysts’ revenue expectations last quarter, reporting revenues of $5.03 billion, up 2.4% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ organic revenue estimates but a slight miss of analysts’ EBITDA estimates.

Is Colgate-Palmolive a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Colgate-Palmolive’s revenue to be flat year on year at $4.98 billion, slowing from the 6.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.89 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Colgate-Palmolive has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.7% on average.

Looking at Colgate-Palmolive’s peers in the household products segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Procter & Gamble delivered year-on-year revenue growth of 2.1%, beating analysts’ expectations by 1.3%, and WD-40 reported revenues up 9.3%, topping estimates by 4.1%. Procter & Gamble traded up 2.8% following the results while WD-40 was down 5.8%.

Read our full analysis of Procter & Gamble’s results here and WD-40’s results here.

Stocks generally had a good 2024. The Fed fought high inflation and won without sending the economy into a recession, otherwise lovingly known as a soft landing. The US Central Band is now cutting rates. That, plus the election of Donald Trump in November 2024, sent markets even higher, and while some of the household products stocks have shown solid performance, the group has generally underpeformed, with share prices down 2.9% on average over the last month. Colgate-Palmolive is down 1% during the same time and is heading into earnings with an average analyst price target of $100.87 (compared to the current share price of $89.57).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10