New York-based Colgate-Palmolive Company (CL) is a global leader in the oral care hygiene market. It produces and distributions household, healthcare and personal care products. With a market cap of $73.7 billion, Colgate operates through Oral, Personal & Home Care and Pet Nutrition segments. The oral hygiene giant is set to announce its fourth-quarter earnings before the market opens on Friday, Jan. 31.
Ahead of the event, analysts expect Colgate to report a non-GAAP profit of $0.90 per share, up 3.5% from $0.87 per share reported in the year-ago quarter. The company has a robust earnings surprise history. It has surpassed Wall Street’s bottom-line expectations in each of the past four quarters. Its adjusted EPS for the last reported quarter grew 5.8% year-over-year to $0.91, exceeding analysts’ estimates by 3.4%.
