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Colgate-Palmolive Co Reaffirms FY 2013 Revenue Guidance; Lowers FY 2013 EPS Guidance

Thursday, 25 Jul 2013 07:00am EDT 

Colgate-Palmolive Co announced that it anticipate another year of strong organic sales growth in fiscal 2013. In light of the ongoing impact of the Venezuela currency devaluation and the recent volatility in foreign exchange in other countries, it continue to expect diluted earnings per share (EPS) to grow 4.5% to 5.5% for fiscal 2013, on a dollar basis. The Company reported revenue of $17.085 billion and EPS of $5.36 in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue $17.6 billion and EPS of $2.84 for fiscal 2013. 

Company Quote

0.28 +0.41%
21 Nov 2014