Colgate Palmolive Co (CL) Earnings: FY Net Sales Forecast Reaffirmed with Expected Growth of 5% to 8%

Colgate Palmolive Co on Smartkarma

Analysts on Smartkarma, an independent investment research network, have recently published research on Colgate-Palmolive Co (NYSE:CL). Baptista Research‘s report titled “Colgate-Palmolive Company: Strong Sales” and Vladimir Dimitrov, CFA‘s report titled “Colgate-Palmolive: The Only Game In Town” both had a bullish sentiment, while Baptista Research‘s report “Colgate-Palmolive Company: New Cost Management Initiatives & Other Drivers” and “Colgate-Palmolive Co: Improved Focus On Pet Nutrition & Whitening – Key Drivers” and Vladimir Dimitrov, CFA‘s report titled “Colgate-Palmolive: Well-Positioned For The Future, But I Wouldn’t Hold My Breath” were also bullish. The reports showed that Colgate-Palmolive is well-positioned for the future, with its focus on pet nutrition and whitening as key drivers. In addition to increasing its gross margin, the company also managed to increase its operating margin. Despite underperforming the S&P 500 and the consumer staples sector in the past five years, analysts remain positive that Colgate-Palmolive can deliver better results in 2023.

In conclusion, analysts on Smartkarma have a bullish outlook on Colgate-Palmolive Co (NYSE:CL). They have identified pet nutrition and whitening as key drivers and believe that the company is well-positioned for the future. Analysts also remain positive that Colgate-Palmolive can deliver better results in 2023.

A look at Colgate Palmolive Co Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Colgate Palmolive Co has received a Smartkarma Smart Score of 2 for Value, 3 for Dividend, 3 for Growth, 2 for Resilience and 3 for Momentum. This indicates that the company has a positive long-term outlook, with strong dividend and growth potential. The company is also resilient and has good momentum, indicating a sustained positive outlook.

Colgate Palmolive Co is a consumer products company that markets its products worldwide. Their range of products includes toothpaste, toothbrushes, shampoos, deodorants, bar and liquid soaps, dishwashing liquid, laundry products, and pet nutrition products for cats and dogs. With their positive long-term outlook, Colgate Palmolive Co is well-positioned to continue to meet the needs of their customers for many years to come.

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