Colgate-Palmolive Co. ( CL ) also posted a positive fourth quarter and full year, noting that sales have started off well in 2008 across all divisions, and the company is confident that the strong top-line growth momentum will continue, driven by its very full new product pipeline with an array of impactful, integrated marketing campaigns to support them.
Wall Street is upbeat on CL, edging up full-year 2008 earnings estimates by a penny over the past month to a projection $3.79 per share. The most accurate forecast, however, is a more bullish $3.82.
$76.07 (02/15/08)
