Colgate-Palmolive Earnings miss, Revenue Inline In Q1

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Colgate-Palmolive Earnings miss, Revenue Inline In Q1
Credit: © Reuters.

Investing.com - Colgate-Palmolive (NYSE: CL ) reported on Friday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

Colgate-Palmolive announced earnings per share of $0.74 on revenue of $4.4B. Analysts polled by Investing.com anticipated EPS of $0.7455 on revenue of $4.4B.

Colgate-Palmolive shares are down 4% from the beginning of the year and are trading at $81.22 , down-from-52-week-high.They are outperforming the S&P Global 100 which is down 10.1% from the start of the year.

Colgate-Palmolive follows other major Consumer Staples sector earnings this month

Colgate-Palmolive's report follows an earnings beat by Procter&Gamble on Wednesday, April 20, 2022, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.29 on revenue of $18.71B.

Coca-Cola had beat expectations on Monday with first quarter EPS of $0.64 on revenue of $10.49B, compared to forecast for EPS of $0.5792 on revenue of $9.83B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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