Colgate-Palmolive Earnings beat, Revenue misses In Q3

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

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

The firm reported earnings per share of $0.71 on revenue of $3.93B. Analysts polled by Investing.com anticipated EPS of $0.7 on revenue of $3.95B. That compared to EPS of $0.72 on revenue of $3.85B in the same period a year earlier. The company had reported EPS of $0.72 on revenue of $3.87B in the previous quarter.

For the year, Colgate-Palmolive shares are up 15.26%, under-performing the S&P 500 which is up 22.63% year to date.

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

On Tuesday, October 22, 2019, Procter&Gamble reported first quarter EPS of $1.37 on revenue of $17.8B, compared to forecasts of EPS of $1.24 on revenue of $17.45B.

Coca-Cola earnings matched analyst's expectations on Friday, October 18, 2019, with third quarter EPS of $0.56 on revenue of $9.5B. Investing.com analysts expected EPS of $0.56 on revenue of $9.43B

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

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