Colgate-Palmolive Earnings, Revenue beat In Q1

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

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

Colgate-Palmolive announced earnings per share of $0.75 on revenue of $4.10B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $4.07B. That with comparison to EPS of $0.67 on revenue of $3.88B in the same period a year before.Colgate-Palmolive had reported EPS of $0.73 on revenue of $4.02B in the previous quarter.Analysts are expecting EPS of $0.72 and revenue of $3.9B in the upcoming quarter.

Colgate-Palmolive shares are up 2% from the beginning of the year and are trading at $70.27 , down-from-52-week-high.They are outperforming the S&P Global (NYSE: SPGI ) 100 which is down 8.56% year to date.

Colgate-Palmolive follows other major Consumer/Non-Cyclical sector earnings this month

Colgate-Palmolive's report follows an earnings beat by Procter&Gamble on Friday, April 17, 2020, who reported EPS of $1.17 on revenue of $17.21B, compared to forecasts EPS of $1.13 on revenue of $17.31B.

Coca-Cola had beat expectations on Tuesday, April 21, 2020 with first quarter EPS of $0.51 on revenue of $8.6B, compared to forecast for EPS of $0.44 on revenue of $8.3B.

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

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