Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of Colgate-Palmolive (CL) Q1 2020 earnings report

Consumer products giant Colgate-Palmolive (NYSE: CL) reported higher earnings and revenues for the first quarter of 2020. Earnings also exceeded Wall Street’s prediction.

Colgate-Palmolive Company Q1 2020 Earnings Infographic

Adjusted earnings advanced to $0.75 per share in the first three months of 2020 from $0.67 per share last year. Reported profit rose to $715 million or $0.83 per share from $560 million or $0.65 per share in the first quarter of 2019.

At $4.1 billion, net sales were up 5.5% year-over-year. The top-line matched analysts’ forecast, while earnings beat. There was a 7.5% growth in organic sales.

Shares of the company closed the last trading session higher. The stock has remained pretty stable over the years. Currently, it is trading close to the levels seen a year earlier.

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top