S&P 500 (NYSE:SPY) component Colgate-Palmolive (NYSE:CL) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. Colgate Palmolive manufactures and markets a number of oral, personal, home care, and pet nutrition products for customers around the world.
Colgate-Palmolive Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.40 per share, a rise of 7.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.39. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.40 during the last month. Analysts are projecting profit to rise by 6.4% versus last year to $5.35.
Past Earnings Performance: Last quarter, the company reported profit of $1.38 per share, in line with the mean estimate. It was the third straight quarter of meeting expectations.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
Wall St. Revenue Expectations: On average, analysts predict $4.31 billion in revenue this quarter, a rise of 3.4% from the year-ago quarter. Analysts are forecasting total revenue of $17.12 billion for the year, a rise of 2.3% from last year’s revenue of $16.73 billion.
Analyst Ratings: There are mostly holds on the stock with 13 of 21 analysts surveyed giving that rating.
A Look Back: In the third quarter, profit rose 1.7% to $654 million ($1.36 a share) from $643 million ($1.31 a share) the year earlier, meeting analyst expectations. Revenue fell 1.2% to $4.33 billion from $4.38 billion.
Here’s how Colgate-Palmolive traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: