Colgate-Palmolive Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Colgate-Palmolive (NYSE:CL) is expected to report higher Q2 earnings of 75 cents per share, up from 72 cents per share a year ago, with revenues of $4.69 billion. The company's shares fell 1.1% to close at $77.11 on Thursday. Several analysts have recently adjusted their price targets for the company, with most raising their targets.
July 28, 2023 | 6:45 am
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Colgate-Palmolive is expected to report higher Q2 earnings. Analysts have adjusted their price targets, mostly upwards.
The expected increase in Q2 earnings is a positive signal for the company's performance. The adjustments in price targets by analysts, mostly upwards, also indicate a positive outlook for the stock. However, the recent 1.1% fall in share price may indicate some market uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100