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Colgate-Palmolive Co. Q3 Profit Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Colgate-Palmolive Co. (CL) revealed a profit for third quarter that beat the Street estimates.

The company's bottom line totaled $735 million, or $0.91 per share. This compares with $737 million, or $0.90 per share, last year.

Excluding items, Colgate-Palmolive Co. reported adjusted earnings of $0.91 per share for the period.

Analysts on average had expected the company to earn $0.89 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 1.9% to $5.131 billion from $5.033 billion last year.

Colgate-Palmolive Co. earnings at a glance (GAAP) :

-Earnings: $735 Mln. vs. $737 Mln. last year.
-EPS: $0.91 vs. $0.90 last year.
-Revenue: $5.131 Bln vs. $5.033 Bln last year.

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