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.