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What’s behind Colgate-Palmolive’s 1Q18 Earnings Beat?

What’s behind Colgate-Palmolive’s 1Q18 Earnings Beat?

Colgate-Palmolive’s (CL) earnings finally came ahead of analysts’ expectation, after just meeting estimates in the past three quarters. Colgate-Palmolive’s 1Q18 adjusted EPS (earnings per share) of $0.74 exceeded analysts’ estimate of $0.72 and marked a 10.4% rise YoY (year-over-year).