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Barchart
Sohini Mondal

What You Need to Know Ahead of Colgate-Palmolive's Earnings Release

Valued at a market cap of $82.1 billion, Colgate-Palmolive Company (CL) manufactures and sells household, healthcare, and personal care products and is a global leader in the oral care hygiene market. The New York-based company also sells pet food products for dogs and cats through its subsidiary, Hill's Pet Nutrition. It is expected to announce its fiscal Q3 earnings results before the market opens on Friday, Oct. 25. 

Ahead of this event, analysts expect the consumer products manufacturer to report a profit of $0.88 per share, up 2.3% from $0.86 per share in the year-ago quarter. The company has consistently beaten Wall Street's bottom-line estimates in the last four quarters. In Q2, the company topped the consensus estimates by 4.6%. 

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