Investing.com - Colgate-Palmolive reported third quarter earnings that missed analyst's expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.72 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $3.91B. That compared to EPS of $0.73 on revenue of $3.97B in the same period a year earlier. The company had reported EPS of $0.77 on revenue of $3.89B in the previous quarter.
For the year, Colgate-Palmolive shares are down 15.39%, under-performing the S&P 500 which is up 0.81% year to date.
Colgate-Palmolive follows other major Consumer/Non-Cyclical sector earnings this month
On October 19, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.1 on revenue of $16.49B.
PepsiCo (NASDAQ:PEP) earnings beat analyst's expectations on October 2, with third quarter EPS of $1.59 on revenue of $16.49B. Investing.com analysts expected EPS of $1.57 on revenue of $16.37B
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