Free Annual Reports
Colgate-Palmolive Third Quarter Earnings Preview
Tickers in this Article »
CL
On Thursday, October 25, 2012, Colgate-Palmolive (NYSE:CL) is expected to release its third quarter earnings.
Earnings are perhaps the single most studied number in a company's financial statements because they show a company's profitability. SEE: Everything Investors Need To Know About Earnings
What to Expect: Colgate-Palmolive is expected to report $1.38 per share, up 5.3% from a year ago when the company reported earnings of $1.31 per share.
The consensus estimate, while unchanged in the past month, is down from $1.39 three months ago. For the fiscal year, analysts are expecting earnings of $5.36 per share.
Revenue is expected to exceed last year's figure of $4.38 billion by 0.2% and come in at $4.39 billion for the quarter. Revenue of $17.22 billion is expected for the fiscal year.
Company Performance: Colgate-Palmolive has reported revenue increases for the past four quarters. It increased 2% to $4.27 billion in the second quarter. Prior to that, the figure rose 5.2% in the first quarter, 4.9% in the fourth quarter of the last fiscal year and 11.2% in the third quarter of the last fiscal year.
The company's earnings have been rising for the last eight quarters, and for the last four, net income has increased year-over-year by an average of 0.5%.
CL's P/E ratio of 21.3 is above the industry average of 17.13. This could mean that the market is expecting big things over the next few months or years. The price/earnings ratio is calculated by taking a stock price and dividing it by the earnings-per-share (EPS). A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: Profit With The Power Of Price-To-Earnings
Over the past quarter, the stock price has risen to $107.74 from $102.10 on July 24, 2012. The biggest recent change for Colgate-Palmolive's stock price came on October 15, 2012, when it rose $100.57 per share to $108.46.
The Competition: Colgate Palmolive manufactures and markets a number of oral, personal, home care, and pet nutrition products for customers around the world. The company's closest competitor in the personal and household prods. industry, Procter & Gamble (PG), will report earnings on October 25, 2012. Analysts are expecting earnings of 96 cents per share for Procter & Gamble, down 6.8% from last year's earnings of $1.03 per share. Analysts are more optimistic about Colgate-Palmolive than about Procter & Gamble. Only 10 out of 23 analysts rate the latter a buy compared to seven of 22 for the former.
Earnings are perhaps the single most studied number in a company's financial statements because they show a company's profitability. SEE: Everything Investors Need To Know About Earnings
What to Expect: Colgate-Palmolive is expected to report $1.38 per share, up 5.3% from a year ago when the company reported earnings of $1.31 per share.
The consensus estimate, while unchanged in the past month, is down from $1.39 three months ago. For the fiscal year, analysts are expecting earnings of $5.36 per share.
Revenue is expected to exceed last year's figure of $4.38 billion by 0.2% and come in at $4.39 billion for the quarter. Revenue of $17.22 billion is expected for the fiscal year.
Company Performance: Colgate-Palmolive has reported revenue increases for the past four quarters. It increased 2% to $4.27 billion in the second quarter. Prior to that, the figure rose 5.2% in the first quarter, 4.9% in the fourth quarter of the last fiscal year and 11.2% in the third quarter of the last fiscal year.
CL's P/E ratio of 21.3 is above the industry average of 17.13. This could mean that the market is expecting big things over the next few months or years. The price/earnings ratio is calculated by taking a stock price and dividing it by the earnings-per-share (EPS). A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: Profit With The Power Of Price-To-Earnings
Over the past quarter, the stock price has risen to $107.74 from $102.10 on July 24, 2012. The biggest recent change for Colgate-Palmolive's stock price came on October 15, 2012, when it rose $100.57 per share to $108.46.
The Competition: Colgate Palmolive manufactures and markets a number of oral, personal, home care, and pet nutrition products for customers around the world. The company's closest competitor in the personal and household prods. industry, Procter & Gamble (PG), will report earnings on October 25, 2012. Analysts are expecting earnings of 96 cents per share for Procter & Gamble, down 6.8% from last year's earnings of $1.03 per share. Analysts are more optimistic about Colgate-Palmolive than about Procter & Gamble. Only 10 out of 23 analysts rate the latter a buy compared to seven of 22 for the former.
by
Investopedia Staff
Investopedia.com believes that individuals can excel at managing their financial affairs. As such, we strive to provide free educational content and tools to empower individual investors, including thousands of original and objective articles and tutorials on a wide variety of financial topics.
Free Annual Reports
