Colgate-Palmolive Company Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Colgate-Palmolive Company (NYSE:CL) will unveil its latest earnings on Thursday, October 27, 2011. Colgate Palmolive manufactures and markets a number of oral, personal, home care, and pet nutrition products for customers around the world.

Colgate-Palmolive Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.31 per share, a rise of 8.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting profit of $5.05 per share, a rise of 4.3% from last year.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the second quarter, the company reported net income of $1.26 per share versus a mean estimate of profit of $1.26 per share. In the first quarter, the company beat estimates by 0 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 10.9% in revenue from the year-earlier quarter to $4.37 billion.

Analyst Ratings: Analysts seem relatively indifferent about Colgate-Palmolive Company with 14 of 21 analysts surveyed maintaining a hold rating.

A Look Back: In the second quarter, profit rose 3.2% to $622 million ($1.26 a share) from $603 million ($1.17 a share) the year earlier, meeting analyst expectations. Revenue rose 9.7% to $4.18 billion from $3.81 billion.

Key Stats:

The company has now been profitable for the last eight quarters, and for the last four, profit has risen year over year by an average of 17.1%. The quarter with the biggest boost was the first quarter, which saw a 61.3% surge.

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose 4.3%.

Competitors to Watch: The Procter & Gamble Co. (NYSE:PG), Church & Dwight Co., Inc. (NYSE:CHD), The Clorox Company (NYSE:CLX), CCA Industries, Inc. (AMEX:CAW), Unilever plc (NYSE:UL), Avon Products, Inc. (NYSE:AVP), The Stephan Co. (SPCO), Kimberly-Clark Corporation (NYSE:KMB), PC Group, Inc. (PCGR), and Alberto-Culver Company (NYSE:ACV).

Stock Price Performance: During July 28, 2011 to October 21, 2011, the stock price had risen $9.58 (11.4%) from $84.34 to $93.92. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 4, 2011 when shares rose for eight-straight days, rising 7.2% (+$5.67) over that span. It saw one of its worst periods between January 25, 2011 and February 3, 2011 when shares fell for eight-straight days, falling 5.2% (-$4.11) over that span. Shares are up $15.67 (+20%) year to date.

(Source: Xignite Financials)

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