Loading...
•
Mar 31, 2020
Colgate Q1 2020 Earnings Report
Colgate-Palmolive reported a strong first quarter with sales and EPS growth, but withdrew its 2020 financial guidance due to COVID-19 uncertainty.
Key Takeaways
Colgate-Palmolive reported a net sales increase of 5.5% and organic sales increase of 7.5% for the first quarter of 2020. GAAP EPS grew by 28% to $0.83, while base business EPS grew by 12% to $0.75. The company withdrew its 2020 financial guidance due to the uncertainty surrounding the business impacts from COVID-19.
Net sales increased by 5.5% and organic sales increased by 7.5%.
GAAP EPS grew by 28% to $0.83, and Base Business EPS grew by 12% to $0.75.
GAAP Gross profit margin was 60.2%, and Base Business Gross profit margin was 60.3%.
The company withdrew its 2020 financial guidance due to COVID-19 uncertainty.
Revenue by Segment
Forward Guidance
The Company is withdrawing its 2020 financial guidance due to the uncertainty surrounding the business impacts from COVID-19 and related macroeconomic volatility.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...