U.S. Markets open in 2 hrs 38 mins

Why Analysts Expect Colgate-Palmolive’s Q3 EPS to Disappoint

Adrian Stevens
Why Analysts Expect Colgate-Palmolive’s Q3 EPS to Disappoint

Colgate-Palmolive (CL), which gained momentum in its bottom line during the past two quarters, is likely to disappoint during the third quarter. Analysts expect Colgate-Palmolive to report adjusted earnings of $0.73 per share in the third quarter, which is flat on a YoY basis. The company’s EPS growth rate is expected to see a strong sequential decline.