© Reuters. Income from Coca-Cola, Beat Q1 revenue
Investment.com – Coca-Cola (NYSE 🙂 reported on Monday for the first quarter, beating analysts’ forecasts and top revenue expectations.
Coca-Cola posted earnings per share of $ 0.55 on revenue of $ 9.00 billion. Analysts polled by Investor.com predict EPS of $ 0.5034 on revenue of $ 8.63 billion.
Shares of Coca-Cola are down 2% year-to-date, still down 2.28% from a 52-week high of $ 54.93 set on December 31, 2020. They are underperforming S&P 500, an increase of 11.43% compared to the beginning of five years.
Coca-Cola follows other major Consumer / Un cyclical earnings this month
The Coca-Cola report follows the earnings beat of PepsiCo on Thursday, who reported EPS of $ 1.21 on revenue of $ 14.82 billion, compared with forecast EPS of $ 1.12. $ 14.55 billion in sales.
Constellation Brands B surpassed expectations on April 8 with fourth-quarter EPS of $ 1.82 on $ 1.95 billion in sales, compared with forecasts for EPS of $ 1.58 on 1 sales, $ 87 billion.
Update all upcoming income reports by visiting Investing.com earnings calendar
Fusion Media or anyone associated with Fusion Media will not be liable in any way for loss or damage resulting from dependence on information including data, quotes, charts and buy / sell signals contained in the this site. Please be fully informed about the risks and costs associated with trading the financial markets, which is one of the riskiest investments possible.