Colgate-Palmolive beats by $0.01, reports revs in-line; guides FY22 EPS below consensus, reaffirms FY22 revs guidance
- Reports Q3 (Sep) earnings of $0.74 per share, $0.01 better than the S&P Capital IQ Consensus of $0.73; revenues rose 0.9% year/year to $4.46 bln vs the $4.47 bln S&P Capital IQ Consensus.
- Co issues guidance for FY22, sees EPS of 7-8% decline to ~$2.95-2.99 vs. $3.00 S&P Capital IQ Consensus; sees FY22 revs of in the middle of 1-4% yr/yr ($17.60-18.12 bln) vs. $17.88 bln S&P Capital IQ Consensus.