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 $0.8 on revenue of $4.34B. Analysts polled by Investing.com anticipated EPS of $0.7899 on revenue of $4.27B.
Colgate-Palmolive shares are down 6% from the beginning of the year and are trading at $79.82 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 9.53% 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 Procter&Gamble on Tuesday, April 20, 2021, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.
Coca-Cola had beat expectations on Monday, April 19, 2021 with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5039 on revenue of $8.68B.
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