Colgate-Palmolive Analysts Slash Their Forecasts After Q4 Results
1. Colgate-Palmolive reported a 0.12% sales decline to $4.94 billion. 2. Organic sales increased by 4.3%, indicating continued growth potential. 3. Fourth-quarter adjusted EPS of 91 cents beat the estimate of 89 cents. 4. Expectations for FY25 suggest flat net sales, negatively impacted by foreign exchange. 5. Analysts lowered price targets post-earnings announcement, indicating cautious sentiment.