Colgate-Palmolive Co. (CL) revealed earnings for its fourth quarter that increased from the same period last year and beat the

NEW YORK (AP) — NEW YORK (AP) — Colgate-Palmolive Co. (CL) on Friday reported fourth-quarter net income of $739 million. The New York-based company said it had profit of 90 cents per share. Earnings, adjusted for non-recurring costs, came to 91 cents per share.

Colgate-Palmolive Co (CL) stock saw a decline, ending the day at $89.57 which represents a decrease of $-0.29 or -0.32% from the prior close of $89.86. The stock opened at $90.11 and touched a low of $89.

Colgate Palmolive (India) reported a third-quarter profit that came in below market estimates on Tuesday, hurt by dwindling demand from urban consumers and higher expenses.

Colgate-Palmolive Co. shares are down 0.7% in premarket trades despite the toothpaste and toothbrush giant reporting better-than-expected fourth-quarter profit and hitting a full-year revenue milestone.

The lackluster guidance upstaged an otherwise solid quarter for the company. For the reported quarter, Colgate ( NYSE: CL) earned an adjusted profit of $0.91, up 4.5% from a year ago and 2 cents better than expected.