Categories Earnings, Industrials

Colgate-Palmolive (CL) Q2 2019 Earnings Snapshot

— Colgate-Palmolive (NYSE: CL) reported third-quarter 2019 earnings of $0.71 per share, vs. $0.70 per share expected.

— Revenues of $3.93 billion, up 2% YoY, vs. $3.94 billion expected.

— Had a global toothpaste market share of 41.2% in Q3

— Excluding special items, company expects a slight decline in gross margin and a mid-single-digit decline in earnings per share for 2019

— CL shares were up 0.2% immediately following the earnings announcement.

Colgate-Palmolive Q3 2019 Earnings Infographic

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