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Here’s what to expect from Colgate Q2 earnings

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Here’s what to expect from Colgate Q2 earnings

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Colgate will be reporting its Q2 earnings on Wednesday. Market will be watching for volume growth figures, and market share commentary. Analysts are estimating 2-3 percent volume growth

Colgate will be reporting its Q2 earnings on Wednesday. Market will be watching for volume growth figures, and market share commentary. Analysts are estimating 2-3 percent volume growth
For Colgate things have been looking good over the last couple of quarters ever since the top level changes and that is likely to play out in this quarter as well.
Topline growth is estimated at 4 percent. EBITDA is estimated to grow around 11.5 percent, and net profit by just 2.5 percent optically. This quarter is exactly one year after the FM announced tax cut which is why a lot of those tax reversals which were there in the previous quarter will unwind now. So optically net profit from most companies will look lower.
To know more, watch the video.
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