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Colgate-Palmolive Earnings Beat, Revenue Misses In Q4

Stock MarketsJan 28, 2022 07:15AM ET

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Colgate-Palmolive Earnings Beat, Revenue Misses In Q4

Investing.com - Colgate-Palmolive (NYSE:CL) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Colgate-Palmolive announced earnings per share of $0.79 on revenue of $4.4B. Analysts polled by Investing.com anticipated EPS of $0.7868 on revenue of $4.42B.

Colgate-Palmolive shares are up 15% from the beginning of the year, still down 3.40% from its 52 week high of $85.61 set on January 6. They are outperforming the Dow Jones which is down 5.99% 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 January 19, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.

Estee Lauder had beat expectations on November 2, 2021 with first quarter EPS of $1.89 on revenue of $4.39B, compared to forecast for EPS of $1.7 on revenue of $4.25B.

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

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