RTTNews | Oct 29, 2021 07:01AM EDT

07:00 Friday, October 29, 2021 (RTTNews.com) - Colgate-Palmolive Co. (CL) announced earnings for third quarter that decreased from the same period last year.

The company's profit came in at $634 million, or $0.75 per share. This compares with $698M, or $0.81 per share, in last year's third quarter.

Excluding items, Colgate-Palmolive Co. reported adjusted earnings of $689 million or $0.81 per share for the period.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.3% to $4.41 billion from $4.15 billion last year.

Colgate-Palmolive Co. earnings at a glance:

-Earnings (Q3): $689 Mln. vs. $685 Mln. last year.-EPS (Q3): $0.81 vs. $0.79 last year.-Analysts Estimate: $0.79-Revenue (Q3): $4.41 Bln vs. $4.15 Bln last year.

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