Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    63,901.35
    -1,250.10 (-1.92%)
     

  • CMC Crypto 200

    1,383.71
    -12.82 (-0.95%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • Dow

    38,239.66
    +153.86 (+0.40%)
     

  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     

  • Gold

    2,349.60
    +7.10 (+0.30%)
     

  • Crude Oil

    83.66
    +0.09 (+0.11%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Colgate-Palmolive: 2Q Earnings Snapshot

Associated Press
Updated

NEW YORK (AP) _ Colgate-Palmolive Co. (CL) on Friday reported second-quarter profit of $586 million.

The New York-based company said it had net income of 68 cents per share. Earnings, adjusted for non-recurring costs, were 72 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The consumer products maker posted revenue of $3.87 billion in the period, which matched Street forecasts.

Colgate-Palmolive shares have risen 21% since the beginning of the year, while the Standard & Poor's 500 index has increased 20%. The stock has increased 9% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CL at https://www.zacks.com/ap/CL