Investing.com - Coca-Cola (NYSE:KO) European reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola European announced earnings per share of €0.92 on revenue of €3.95B. Analysts polled by Investing.com anticipated EPS of €0.91 on revenue of €3.91B.
Coca-Cola European shares are up 38.35% from the beginning of the year and are trading at €54.90 , down-from-52-week-high.They are outperforming the Nasdaq which is up 24.01% from the start of the year.
Coca-Cola European follows other major Consumer/Non-Cyclical sector earnings this month
Coca-Cola European'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.
Coca-Cola had beat expectations on Wednesday, October 27, 2021 with third quarter EPS of €0.65 on revenue of €10.04B, compared to forecast for EPS of €0.5785 on revenue of €9.77B.
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