Investing.com - Colgate-Palmolive (NYSE:CL) reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.67 on revenue of $3.88B. Analysts polled by Investing.com forecast EPS of $0.66 on revenue of $3.87B. That compared to EPS of $0.74 on revenue of $4B in the same period a year earlier. The company had reported EPS of $0.74 on revenue of $3.81B in the previous quarter.
For the year, Colgate-Palmolive shares are up 15.41%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 14.67% year to date.
Colgate-Palmolive follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.35B.
Coca-Cola earnings beat analyst's expectations on Tuesday, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.89B
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