Colgate-Palmolive Earnings Miss, Revenue Inline In Q1
2022.04.29 14:12
Colgate-Palmolive Earnings Miss, Revenue Inline In Q1
Investing.com – Colgate-Palmolive (NYSE:CL) reported on Friday first quarter earnings that missed analysts’ forecasts and revenue that was inline with expectations.
Colgate-Palmolive announced earnings per share of $0.74 on revenue of $4.4B. Analysts polled by Investing.com anticipated EPS of $0.7455 on revenue of $4.4B.
Colgate-Palmolive shares are down 4% from the beginning of the year, still down 5.13% from its 52 week high of $85.61 set on January 6. They are outperforming the S&P Global 100 which is down 10.1% from the start of the year.
Colgate-Palmolive follows other major Consumer Staples sector earnings this month
Colgate-Palmolive’s report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.29 on revenue of $18.71B.
Coca-Cola had beat expectations on Monday with first quarter EPS of $0.64 on revenue of $10.49B, compared to forecast for EPS of $0.5792 on revenue of $9.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
