07:26 AM EDT, 07/26/2024 (MT Newswires) -- Colgate-Palmolive ( CL ) reported Q2 non-GAAP earnings Friday of $0.91 per diluted share, up from $0.77 a year earlier.
Analysts polled by Capital IQ expected $0.87.
Net sales for the quarter ended June 30 were $5.06 billion, up from $4.82 billion a year earlier.
Analysts polled by Capital IQ expected $5.0 billion.
For full year 2024, the company said it now expects non-GAAP EPS growth of 8% to 11%, raising its previous outlook of middle- to high-single-digit growth. Analysts surveyed by Capital IQ expect $3.53 normalized EPS.
Net sales are still expected to grow 2% to 5%. Analysts surveyed by Capital IQ expect $20.18 billion revenue.
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