Colgate-Palmolive Earnings, Revenue beat In Q3

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Colgate-Palmolive Earnings, Revenue beat In Q3
Credit: © Reuters.

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

Colgate-Palmolive announced earnings per share of $0.81 on revenue of $4.41B. Analysts polled by Investing.com anticipated EPS of $0.7965 on revenue of $4.4B.

Colgate-Palmolive shares are down 10% from the beginning of the year and are trading at $76.88 , down-from-52-week-high.They are under-performing the S&P 500 which is up 22.37% from the start of the year.

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

Colgate-Palmolive's report follows an earnings beat by Coca-Cola on Wednesday, who reported EPS of $0.65 on revenue of $10.04B, compared to forecasts EPS of $0.577 on revenue of $9.78B.

PepsiCo had beat expectations on Tuesday, October 5, 2021 with third quarter EPS of $1.79 on revenue of $20.19B, compared to forecast for EPS of $1.73 on revenue of $19.39B.

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

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