Colgate-Palmolive Company reported quarterly earnings of $0.97 per share. This result exceeded the consensus analyst estimate of $0.94 per share.
Quarterly revenue reached $5.32 billion, surpassing the projected $5.22 billion. This figure represents an 8.4% increase in revenue compared to the same period last year.
Institutional investors recently adjusted their holdings in the company. First Trust Advisors LP reduced its position by 3.1%. Davis R M Inc. lowered its stake by 29.0%. Other large institutional investors increased their share purchases during the same period.