$CL (+1.5% pre) Colgate-Palmolive's (NYSE:CL) Q2: Beats On Revenue https://t.co/IE8iSZTXzX
Colgate-Palmolive raises 2024 forecasts on strong demand https://t.co/spSX14SXAe
#Colgate, $CL, is UP in the premarket, after reporting Q2 FY24: 📊 Adj EPS: $0.91 🟢 💰 Revenue: $5.06 B (+4.9% YoY) 🟢 📈 Net Income: $731 M (+45.6% YoY) 🔍 Important Fact: Global market share for toothpaste at 41.5% YTD.


KLA Corporation reported strong second-quarter earnings, with earnings per share (EPS) of $6.60, exceeding the forecast of $6.15. Revenue also surpassed expectations at $2.57 billion compared to the estimated $2.52 billion. Following these results, KLA's stock rose by 6.38% in after-hours trading. The company provided guidance for the first quarter, projecting revenue between $2.75 billion and $2.90 billion, with an EPS forecast of $7.00, compared to a consensus estimate of $6.51. KLA's market capitalization stands at approximately $103.25 billion. Meanwhile, Colgate-Palmolive announced its second-quarter results, reporting an adjusted EPS of $0.91, beating the estimate of $0.87, and revenue of $5.06 billion, surpassing the forecast of $5.01 billion. The company raised its full-year organic sales growth guidance, anticipating an increase of 6% to 8%. Colgate's stock rose by 0.75% in pre-market trading. The market capitalization for Colgate-Palmolive is approximately $79.16 billion.