Colgate-Palmolive Earnings inline, Revenue Beats In Q4

Investing.com – Colgate-Palmolive (NYSE:) reported on Friday fourth quarter 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 , still down 9.08% from its 52 week high of $76.41 set on July 30, 2019. They are broadly in line with the 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 January 23, 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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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