Here's what history shows about CL past earnings run-ups

17 April 2024, 11:08 AM

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By Dmitry Pargamanik

CL Shares Could Increase Ahead of Earnings

  • 9 out of the last 12 times, CL stock had a run up before earnings
  • Pre-Earnings Run Up Averaged 1.3% Gains
CL is scheduled to report earnings on 26-Apr-2024. The last time Colgate-Palmolive Company reported earnings on Jan 26, 2024, the stock increased by 2.0% to close at $82.83. At its current price of $86.02, CL post earnings drift is +3.9%. Typically, traders tended to bid up CL shares (heading into earnings) prior to its scheduled release.

CL Historical Pre-Earnings Run Up

As you can see from the table below, the data displays the percentage moves CL had for the last 12 quarters around earnings. The 1 week run up into earnings is notable as it shows that the stock increased 75% of the time for an average gain of 1.3%. That was actually a better bullish play than holding CL through earnings that saw a -1.0% decline.

CL historical stock price movement before earnings

Go to CL Historical Price Movements Around Earnings page



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