Investing.com - Colgate-Palmolive (NYSE:CL) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Colgate-Palmolive announced earnings per share of $0.74 on revenue of $3.90B. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $3.78B.
Colgate-Palmolive shares are up 11% from the beginning of the year and are trading at $76.87 , down-from-52-week-high.They are outperforming the S&P Global (NYSE:SPGI) 100 which is up 1.34% 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 Thursday, who reported EPS of $1.16 on revenue of $17.7B, compared to forecasts EPS of $1.01 on revenue of $16.96B.
Coca-Cola had beat expectations on Tuesday, July 21, 2020 with second quarter EPS of $0.42 on revenue of $7.2B, compared to forecast for EPS of $0.4 on revenue of $7.21B.
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