Colgate-Palmolive Co. Announces Increase In Q2 Earnings

Colgate-Palmolive Co. (CL) reported a profit for its second quarter that climbed from the same period last year.

The company's bottom line totaled $703 million, or $0.83 per share. This compares with $605 million, or $0.74 per share, in last year's second quarter.

Analysts had expected the company to earn $0.8 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.7% to $4.2 billion from $3.9 billion last year.

Colgate-Palmolive Co. earnings at a glance:

-Earnings (Q2): $703 Mln. vs. $605 Mln. last year.
-EPS (Q2): $0.83 vs. $0.74 last year.
-Analysts Estimate: $0.8
-Revenue (Q2): $4.2 Bln vs. $3.9 Bln last year.

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