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Colgate-Palmolive Q3 Non-GAAP Earnings, Net Sales Rise; 2024 Guidance Updated
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Colgate-Palmolive Q3 Non-GAAP Earnings, Net Sales Rise; 2024 Guidance Updated
Nov 3, 2024 11:27 AM

07:13 AM EDT, 10/25/2024 (MT Newswires) -- Colgate-Palmolive ( CL ) reported Q3 non-GAAP earnings Friday of $0.91 per diluted share, up from $0.86 a year earlier.

Analysts polled by Capital IQ expected $0.88.

Net sales for the quarter ended Sept. 30 were $5.03 billion, up from $4.92 billion a year earlier.

Analysts polled by Capital IQ expected $5.01 billion.

For full year 2024, the company said it now expects non-GAAP EPS growth of 10% to 11%, narrowing its previous outlook of 8% to 11% growth. Analysts surveyed by Capital IQ expect $3.58.

Net sales are now expected to grow 3% to 5%, from 2% to 5% previously. Analysts surveyed by Capital IQ expect $20.19 billion.

Price: 100.08, Change: +0.34, Percent Change: +0.34

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