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Colgate-Palmolive (CL) This autumn 2024 Earnings: Key financials and quarterly highlights

by Index Investing News
January 31, 2025
in Markets
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Colgate-Palmolive Firm (NYSE: CL) reported its fourth quarter 2024 earnings outcomes immediately.

Web gross sales of $4.94 billion remained comparatively unchanged from the prior-year quarter. Natural gross sales grew 4.3%.

Web earnings attributable to Colgate-Palmolive Firm rose to $739 million, or $0.90 per share, from $718 million, or $0.87 per share, final yr. Adjusted EPS elevated 5% to $0.91.

Earnings beat expectations whereas income fell brief.

For the total yr of 2025, CL expects internet gross sales to be roughly flat. Natural gross sales development is anticipated to be inside the long-term focused vary of 3-5%. GAAP EPS is anticipated to develop within the mid-single-digits whereas adjusted EPS is anticipated to develop within the low-to-mid-single-digits.

The inventory dropped 3% in premarket hours on Friday.

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