Colgate-Palmolive Earnings, Revenue beat in Q4 By Investing.com

Colgate-Palmolive (NYSE:CL) reported on Friday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Colgate-Palmolive announced earnings per share of $0.77 on revenue of $4.32B. Analysts polled by Investing.com anticipated EPS of $0.7641 on revenue of $4.14B.

Colgate-Palmolive shares are down 7% from the beginning of the year and are trading at $79.15 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.83% 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 January 20, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.

Mondelez had missed expectations on Thursday with fourth quarter EPS of $0.66 on revenue of $7.3B, compared to forecast for EPS of $0.6651 on revenue of $7.15B.

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