StockNews.AI
CL
Benzinga
13 hrs

Colgate-Palmolive Analysts Cut Their Forecasts After Q3 Earnings

1. Colgate-Palmolive's Q3 EPS was 91 cents, beating expectations. 2. Sales totaled $5.131 billion, meeting analyst forecasts. 3. Net sales grew 2%, while organic growth is projected at 1%-2%. 4. Analysts adjusted price targets down, signaling bearish sentiment. 5. Shares dropped 2% following the earnings announcement.

4m saved
Insight
Article

FAQ

Why Bearish?

Analysts' downgrades to price targets reflect reduced confidence in future growth.

How important is it?

The article discusses recent performance metrics affecting investor sentiment and stock price.

Why Short Term?

Immediate market reactions to earnings results impact price in the near term.

Related Companies

Related News