Investing.com - Colgate-Palmolive (NYSE:CL) reported on Friday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Colgate-Palmolive announced earnings per share of $0.73 on revenue of $4.02B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $3.93B. That with comparison to EPS of $0.74 on revenue of $3.81B in the same period a year before.Colgate-Palmolive had reported EPS of $0.71 on revenue of $3.93B in the previous quarter.Analysts are expecting EPS of $0.72 and revenue of $4.01B in the upcoming quarter.
Colgate-Palmolive shares are up 0.92% from the beginning of the year and are trading at $69.47 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 1.18% 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 Thursday, January 23, 2020, who reported EPS of $1.42 on revenue of $18.24B, compared to forecasts EPS of $1.21 on revenue of $17,147M.
Coca-Cola had matched expectations on Thursday with fourth quarter EPS of $0.44 on revenue of $9.1B, compared to forecast for EPS of $0.44 on revenue of $8.85B.
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