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 $0.79 on revenue of $4.15B. Analysts polled by Investing.com anticipated EPS of $0.7 on revenue of $3.98B.
Colgate-Palmolive shares are up 11% from the beginning of the year and are trading at $76.67 , down-from-52-week-high.They are outperforming the S&P Global (NYSE:SPGI) 100 which is up 1.52% 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, October 20, 2020, who reported EPS of $1.63 on revenue of $19.32B, compared to forecasts EPS of $1.42 on revenue of $18.38B.
Coca-Cola had beat expectations on Thursday, October 22, 2020 with third quarter EPS of $0.55 on revenue of $8.7B, compared to forecast for EPS of $0.46 on revenue of $8.36B.
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