Analyst Consensus ?
ConsensusHold45 ratings
Bullish1840.0%
Neutral2555.6%
Bearish24.4%
Colgate-Palmolive Company · CL · FY2026 Q2 · Calendar Q3 2026
Colgate-Palmolive Q2: Emerging Markets Lead as U.S. Recovery Continues
The quarter supports a mixed but constructive view: resilient demand, emerging-market momentum, premium innovation, and margin execution are positives, while the U.S. recovery and cost volatility remain key tests.
Reported Before market openNYSEConsumer Defensive
$69.66B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.99
Consensus $0.95
EPS surprise
+4.5%
Reported versus consensus
Reported revenue
$5.36B
Consensus $5.36B
Revenue surprise
+0.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-0.3%
Event window
SPY move
+0.7%
Same window
Abnormal move
-1.0%
Stock minus SPY
Volume
1.5×
Versus trailing sessions
Subsequent drift
-0.6%
Up to 20 sessions
CLSPY benchmark
Ask FN2 about CL FY2026 Q2
Transcript, numbers and history already loaded
Why did CL fall 0.3% after beating EPS estimates in FY2026 Q2?What changed in CL's guidance and outlook in FY2026 Q2?Give me the bull and bear case for CL after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, Colgate-Palmolive reported continued growth momentum with a 100-basis-point gross-margin expansion, stronger free cash flow, and maintained guidance. Management also highlighted the Hill's Prime fresh rollout and broader AI deployment, while U.S. recovery remained an explicit focus.
Guidance delta
Management maintained full-year guidance and raised full-year margin guidance to flat despite higher raw-material costs.
Key takeaways
- Emerging markets and Europe drove most organic sales growth, while the U.S. remained the main improvement area.
- Gross margin expanded 100 basis points, and free cash flow increased 18%.
- Management is pairing premium innovation and higher advertising with AI and data investments.
Management priorities
- Improve U.S. volume and pricing performance
- Scale premium innovation, including Hill's Prime fresh
- Expand AI-enabled revenue-growth management, marketing, and productivity tools
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$87.05Current
$76Low
$93.75Average
$121High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Piper Sandler | Overweight | Overweight | Maintain | Sep 21, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 8, 2026 |
| UBS | Buy | Buy | Maintain | Aug 3, 2026 |
| TD Cowen | Hold | Hold | Maintain | Aug 3, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 3, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Aug 3, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Jul 21, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 14, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jul 8, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Apr 23, 2026 |
| Rothschild& Co | Buy | Neutral | Upgrade | Apr 21, 2026 |
| Rothschild & Co | Buy | Neutral | Upgrade | Apr 21, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 10, 2026 |
| Deutsche Bank | Buy | Hold | Upgrade | Mar 30, 2026 |
| Jefferies | Hold | Hold | Maintain | Feb 2, 2026 |
| Argus Research | Hold | Buy | Downgrade | Dec 11, 2025 |
| Raymond James | Outperform | Outperform | Maintain | Oct 20, 2025 |
| Goldman Sachs | Buy | Buy | Maintain | Oct 2, 2025 |
| Stifel | Hold | Hold | Maintain | Feb 3, 2025 |
| Bernstein | Market Perform | Market Perform | Maintain | Jul 30, 2024 |
| HSBC | Hold | Buy | Downgrade | Jul 26, 2024 |
| Wolfe Research | Perform | Peer Perform | Maintain | Nov 22, 2022 |
| Credit Suisse | Outperform | Outperform | Maintain | Oct 18, 2022 |
| Atlantic Equities | Neutral | Overweight | Downgrade | May 3, 2022 |
| Redburn Partners | Neutral | Neutral | Maintain | Dec 16, 2021 |
| Berenberg | Hold | Sell | Upgrade | Jan 26, 2021 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 15, 2020 |
| Bank of America | Neutral | Buy | Downgrade | Dec 19, 2019 |
| Macquarie | Neutral | Neutral | Maintain | Apr 29, 2019 |
| Argus | Buy | Buy | Maintain | Oct 30, 2018 |
| Stifel Nicolaus | Hold | Hold | Maintain | Jul 23, 2018 |
| B. Riley FBR | Neutral | Neutral | Maintain | May 5, 2018 |
| Societe Generale | Sell | Hold | Downgrade | Nov 29, 2017 |
| KeyBanc | Equal Weight | Sector Weight | Maintain | Sep 9, 2016 |
| Exane BNP Paribas | Neutral | Outperform | Downgrade | Jul 29, 2016 |
| Sterne Agee CRT | Neutral | Buy | Downgrade | Feb 26, 2016 |
| Sterne Agee | Neutral | Buy | Downgrade | Feb 26, 2016 |
| B. Riley Securities | Neutral | Neutral | Maintain | Feb 1, 2016 |
| B. Riley | Neutral | Neutral | Maintain | Feb 1, 2016 |
| Canaccord Genuity | Hold | Sell | Upgrade | Jun 18, 2015 |
| BMO Capital | Outperform | Market Perform | Upgrade | Jun 10, 2014 |
| FirstEnergy Capital | Perform | Market Perform | Maintain | Nov 20, 2013 |
| Nomura | Reduce | Neutral | Downgrade | Jul 30, 2013 |
| Tigress Financial | Neutral | Neutral | Maintain | Feb 25, 2013 |
| Batlivala & Karani | Outperform | Underperform | Upgrade | Sep 21, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $87.05. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Piper Sandler | Analyst unavailable | $95 | $87.47 | +9.1% | Sep 21, 2026 |
| RBC Capital | Nik Modi | $104 | $91.67 | +19.5% | Aug 3, 2026 |
| Deutsche Bank | Analyst unavailable | $101 | $91.31 | +16.0% | Aug 3, 2026 |
| Morgan Stanley | Analyst unavailable | $104 | $92.4 | +19.5% | Aug 3, 2026 |
| UBS | Analyst unavailable | $109 | $92.29 | +25.2% | Aug 3, 2026 |
| Wells Fargo | Chris Carey | $95 | $95.03 | +9.1% | Jul 8, 2026 |
| Bernstein | Cristian Rios | $96 | $89.39 | +10.3% | Jun 11, 2026 |
| UBS | Analyst unavailable | $100 | $85.5 | +14.9% | May 4, 2026 |
| Deutsche Bank | Steve Powers | $99 | $85.78 | +13.7% | May 4, 2026 |
| Redburn Partners | Analyst unavailable | $100 | $83.53 | +14.9% | Apr 21, 2026 |
| Barclays | Lauren Lieberman | $79 | $83.94 | -9.2% | Apr 14, 2026 |
| RBC Capital | Analyst unavailable | $102 | $86.04 | +17.2% | Apr 9, 2026 |
| Piper Sandler | Analyst unavailable | $92 | $85.55 | +5.7% | Apr 8, 2026 |
| Wells Fargo | Chris Carey | $92 | $85.55 | +5.7% | Apr 8, 2026 |
| Goldman Sachs | Bonnie Herzog | $100 | $95.09 | +14.9% | Feb 20, 2026 |
| Redburn Partners | Analyst unavailable | $93 | $96.17 | +6.8% | Feb 13, 2026 |
| Barclays | Lauren Lieberman | $88 | $91.89 | +1.1% | Feb 3, 2026 |
| Morgan Stanley | Dara Mohsenian | $100 | $90.29 | +14.9% | Feb 2, 2026 |
| Wells Fargo | Analyst unavailable | $94 | $90.29 | +8.0% | Feb 1, 2026 |
| Goldman Sachs | Bonnie Herzog | $94 | $90.29 | +8.0% | Jan 31, 2026 |
| Piper Sandler | Analyst unavailable | $96 | $89.45 | +10.3% | Jan 30, 2026 |
| Barclays | Lauren Lieberman | $83 | $84.32 | -4.7% | Jan 16, 2026 |
| UBS | Peter Grom | $93 | $83.27 | +6.8% | Jan 14, 2026 |
| Wells Fargo | Analyst unavailable | $86 | $81.93 | -1.2% | Jan 13, 2026 |
| Piper Sandler | Analyst unavailable | $88 | $77.2 | +1.1% | Jan 6, 2026 |
| Jefferies | Analyst unavailable | $85 | $78.95 | -2.4% | Dec 16, 2025 |
| RBC Capital | Analyst unavailable | $88 | $76.11 | +1.1% | Dec 9, 2025 |
| Evercore ISI | Robert Ottenstein | $94 | $75.62 | +8.0% | Nov 3, 2025 |
| Morgan Stanley | Dara Mohsenian | $87 | $76.57 | -0.1% | Nov 3, 2025 |
| Deutsche Bank | Analyst unavailable | $86 | $77.81 | -1.2% | Oct 10, 2025 |
| UBS | Analyst unavailable | $92 | $78.64 | +5.7% | Oct 8, 2025 |
| Piper Sandler | Analyst unavailable | $84 | $78.31 | -3.5% | Oct 3, 2025 |
| Barclays | Lauren Lieberman | $82 | $79.94 | -5.8% | Oct 1, 2025 |
| Morgan Stanley | Analyst unavailable | $96 | $83.36 | +10.3% | Aug 4, 2025 |
| Barclays | Analyst unavailable | $89 | $93.19 | +2.2% | Mar 27, 2025 |
| Piper Sandler | Korinne Wolfmeyer | $121 | $103.31 | +39.0% | Sep 23, 2024 |
| Wells Fargo | Chris Carey | $100 | $105.73 | +14.9% | Sep 16, 2024 |
| Stifel Nicolaus | Mark Astrachan | $105 | $98.08 | +20.6% | Jul 22, 2024 |
| Morgan Stanley | Dara Mohsenian | $103 | $93.3 | +18.3% | May 28, 2024 |
| Argus Research | Chris Graja | $107 | $94.57 | +22.9% | May 15, 2024 |
| Deutsche Bank | Steve Powers | $98 | $90.12 | +12.6% | Apr 29, 2024 |
| Stifel Nicolaus | Mark Astrachan | $95 | $91.01 | +9.1% | Apr 29, 2024 |
| Stifel Nicolaus | Mark Astrachan | $94 | $87.65 | +8.0% | Apr 10, 2024 |
| Evercore ISI | Robert Ottenstein | $96 | $87.88 | +10.3% | Apr 8, 2024 |
| Raymond James | Olivia Tong | $91 | $83.72 | +4.5% | Jan 29, 2024 |
| Wells Fargo | Chris Casey | $81 | $75.62 | -7.0% | Jul 28, 2023 |
| J.P. Morgan | Analyst unavailable | $86 | $77.61 | -1.2% | Jan 13, 2023 |
| Barclays | Analyst unavailable | $80 | $78.02 | -8.1% | Jan 3, 2023 |
| Deutsche Bank | Analyst unavailable | $87 | $77.05 | -0.1% | Dec 6, 2022 |
| Credit Suisse | Kaumil Gajrawala | $85 | $72.82 | -2.4% | Oct 18, 2022 |
| Wells Fargo | Analyst unavailable | $75 | $70.25 | -13.8% | Oct 3, 2022 |
| Wells Fargo | Chris Carey | $80 | $80.43 | -8.1% | Aug 8, 2022 |
| Barclays | Analyst unavailable | $74 | $81.1 | -15.0% | Aug 2, 2022 |
| UBS | Analyst unavailable | $90 | $80.22 | +3.4% | Aug 1, 2022 |
| J.P. Morgan | Analyst unavailable | $78 | $75.52 | -10.4% | Jul 21, 2022 |
| Barclays | Analyst unavailable | $71 | $75.13 | -18.4% | May 23, 2022 |
| Barclays | Analyst unavailable | $77 | $75.18 | -11.5% | May 3, 2022 |
| Atlantic Equities | Analyst unavailable | $80 | $75.18 | -8.1% | May 3, 2022 |
| Deutsche Bank | Analyst unavailable | $88 | $75.37 | +1.1% | May 2, 2022 |
| Morgan Stanley | Analyst unavailable | $82 | $77.06 | -5.8% | May 2, 2022 |
| J.P. Morgan | Andrea Faria Teixeira | $79 | $77.05 | -9.2% | Apr 30, 2022 |
| Goldman Sachs | Jason English | $95 | $76.42 | +9.1% | Apr 3, 2022 |
| Citigroup | Wendy Nicholson | $86 | $82.45 | -1.2% | Jan 31, 2022 |
| Wells Fargo | Christopher Carey | $76 | $82.45 | -12.7% | Jan 31, 2022 |
| Credit Suisse | Kaumil Gajrawala | $90 | $82.45 | +3.4% | Jan 31, 2022 |
| Jefferies | Kevin Grundy | $89 | $84.76 | +2.2% | Jan 5, 2022 |
| Bank of America Securities | Bryan Spillane | $80 | $73.57 | -8.1% | Oct 5, 2021 |
| UBS | Peter Grom | $89 | $73.57 | +2.2% | Oct 5, 2021 |
| Stifel Nicolaus | Mark Astrachan | $88 | $78.63 | +1.1% | Aug 2, 2021 |
Track every rating change on CL the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationOperating globally, Colgate-Palmolive Company and its affiliated entities are engaged in the production and distribution of a diverse range of consumer goods. Its operations are structured into two primary divisions: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care division encompasses a broad array of offerings, spanning oral hygiene (e.g., toothpastes, toothbrushes, mouthwashes), personal care (e.g., bar and liquid soaps, shower gels, shampoos, conditioners, deodorants, antiperspirants, skin health items), and home care solutions (e.g., dishwashing detergents, fabric conditioners, household cleaners).…
Historical context
All CL earningsConsumer Defensive peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| KR The Kroger Co. | FY2026 Q2 · Calendar Q3 2026 | +2.8% | +2.7% | Kroger: Strong digital growth offsets softer sales outlook |
| CPB Campbell Soup Company | FY2026 Q4 · Calendar Q3 2026 | +1.1% | -7.0% | Campbell’s leans on savings and innovation amid pressured demand |
| BF-A Brown-Forman Corporation | FY2027 Q1 · Calendar Q3 2026 | +3.0% | — | Brown-Forman holds FY27 outlook as RTD innovation offsets barrel pressure |
| BF-B Brown-Forman Corporation | FY2027 Q1 · Calendar Q3 2026 | 0.0% | — | Brown-Forman maintains FY27 outlook as innovation offsets pressure |
| DG Dollar General Corporation | FY2027 Q2 · Calendar Q3 2026 | +23.4% | +2.5% | Dollar General Raises FY2026 Outlook After Strong Q2 |
| DLTR Dollar Tree, Inc. | FY2027 Q2 · Calendar Q3 2026 | +134.8% | -3.9% | Dollar Tree: Strong Q2 execution, but guidance held steady |
Latest beats and misses
Who reports nextBeat on EPS
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
- CASYFY2027 Q1 · September 8, 2026+8.7% EPS-14.2% move
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Sources
- Earnings call transcript and parsed analysis · 2026-08-04T19:07:58.554896+00:00
- FN2 earnings calendar · 2026-09-05T01:23:14.965082+00:00
- Polygon adjusted daily market bars · 2026-09-23T01:50:53.450434+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-23T01:50:53.447236+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-23. For educational purposes only; not investment advice.