Colgate-Palmolive (NYSE:CL) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.79 by 1.27 percent. This is a 6.67 percent increase over earnings of $0.75 per share from the same period last year. The company reported quarterly sales of $4.34 billion which beat the analyst consensus estimate of $4.25 billion by 2.21 percent. This is a 6.03 percent increase over sales of $4.10 billion the same period last year.
Climbing Used Car Prices Indicate ‘Deflationary Technologies’ Could Be Adopted Quicker Than Expected, Says Ark Analyst
Ark Invest analyst Sam Korus said on Monday that all-time high prices of used cars could push consumers toward adopting new technologies more quickly than expected.