Colgate-Palmolive Co (CPA.SG)
- Yahoo Finance Video
Colgate-Palmolive, Centene, Microsoft: 3 stocks in focus
Catalysts Hosts Seana Smith and Madison Mills check in on some of Yahoo Finance's trending tickers. Shares of Colgate-Palmolive (CL) are sliding despite beating third quarter earnings expectations and raising its guidance. The company reported volume and pricing weakness in North America, which makes up about 20% of its sales. On the other hand, shares of Centene (CNC) are rallying after the health insurer's third quarter profits exceeded expectations, driven by rate increases in Medicaid programs and higher membership in its health insurance exchange business. Shares of Microsoft (MSFT) are also rising as CEO Satya Nadella was given a pay package worth over $79 million for fiscal year 2024, a 63% increase from last year. The package would have been about $5 million higher if Nadella hadn't taken a pay cut to reflect his "personal accountability" for the cybersecurity risks that have occurred at the company. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Melanie Riehl
- Yahoo Finance Video
Colgate-Palmolive earnings, consumer sentiment: What to Watch
As the trading day concludes, hosts Josh Lipton and Julie Hyman preview key events and major headlines investors will be watching on Friday, October 25. Earnings season continues with several major companies set to report quarterly results, including consumer goods giant Colgate-Palmolive (CL), insurance broker Aon (AON), auto retailer AutoNation (AN), and regional lender New York Community Bancorp (NYCB). Market participants will hear from Federal Reserve Bank of Boston President Susan Collins, who is scheduled to speak for additional insights into the Federal Reserve's monetary policy direction. Additionally, the release of Consumer Sentiment data will provide a fresh perspective on economic conditions. Economists are looking for a reading of 69.1. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith
- Zacks
Colgate Beats Q3 Earnings & Sales Estimates, Raises 2024 View
CL's Q3 results reflect continued gains from volume and pricing, which led to organic sales growth in five of six divisions. Improved margins aid EPS growth.
