Colgate-Palmolive (CL.US) Surges Over 4% on Stronger-Than-Expected Q4 Results

Stock News01-30 22:50

On Friday, Colgate-Palmolive (CL.US) saw its stock price climb more than 4%, reaching $89.17. The company reported that its net sales for the fourth quarter of last year were $5.23 billion, an increase from the $4.94 billion recorded a year earlier and surpassing the $5.12 billion forecast by analysts surveyed by FactSet. Base business earnings (a non-GAAP metric) came in at $0.95 per share, higher than the $0.91 per share from the same period last year and exceeding the $0.91 per share anticipated by FactSet analysts. For the full year 2026, the company projects that its net sales growth will fall within a range of 2% to 6%.

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