Investing.com - Coca-Cola (NYSE:KO) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola announced earnings per share of $0.65 on revenue of $10.00B. Analysts polled by Investing.com anticipated EPS of $0.577 on revenue of $9.78B.
Coca-Cola shares are down 0% from the beginning of the year and are trading at $54.47 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 17.93% from the start of the year.
Coca-Cola follows other major Consumer/Non-Cyclical sector earnings this month
Coca-Cola's report follows an earnings beat by Procter&Gamble on Tuesday, October 19, 2021, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.
PepsiCo had beat expectations on Tuesday, October 5, 2021 with third quarter EPS of $1.79 on revenue of $20.19B, compared to forecast for EPS of $1.73 on revenue of $19.39B.
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