07:25 AM EDT, 04/26/2024 (MT Newswires) -- Colgate-Palmolive ( CL ) reported Q1 adjusted earnings Friday of $0.86 per diluted share, up from $0.73 a year earlier.

Analysts polled by Capital IQ expected $0.81.

Net sales for the quarter ended March 31 were $5.07 billion compared with $4.77 billion a year earlier.

Analysts polled by Capital IQ expected $4.96 billion.

The company reiterated its full-year adjusted EPS growth outlook of mid to high-single-digit but raised its net sales growth guidance to between 2% and 5% from the previous range of 1% to 4%. Analysts polled by Capital IQ expect adjusted EPS of $3.49 on revenue of $20.15 billion.

Price: 91.88, Change: +2.59, Percent Change: +2.90