Colgate-Palmolive India earnings beat, Revenue misses in Q2

  • Investing.com
Colgate-Palmolive India earnings beat, Revenue misses in Q2

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

Colgate-Palmolive India announced earnings per share of ₹10.22 on revenue of ₹13.87. Analysts polled by Investing.com anticipated EPS of ₹10.05 on revenue of ₹14.06B.

Colgate-Palmolive India shares are down 58.87% from the beginning of the year and are trading at ₹1,612.25 , down-from-52-week-high.

Colgate-Palmolive India follows other major Consumer Staples sector earnings this month

Colgate-Palmolive India's report follows an earnings beat by Nestle India on Wednesday, who reported EPS of ₹69.32 on revenue of ₹45.91B, compared to forecasts EPS of ₹66.15 on revenue of ₹43.38B.

Tata Consumer Products had beat expectations on Thursday with second quarter EPS of ₹3.56 on revenue of ₹33.63B, compared to forecast for EPS of ₹3.18 on revenue of ₹33.39B.

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

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