Coca-Cola Earnings, Revenue beat In Q1

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Coca-Cola Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - Coca-Cola (NYSE: KO ) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Coca-Cola announced earnings per share of $0.64 on revenue of $10.5B. Analysts polled by Investing.com anticipated EPS of $0.5792 on revenue of $9.83B.

Coca-Cola shares are up 10% from the beginning of the year and are trading at $65.25 , down-from-52-week-high.They are outperforming the S&P 500 which is down 10.37% from the start of the year.

Coca-Cola follows other major Consumer Staples sector earnings this month

Coca-Cola's report follows an earnings beat by Procter&Gamble on Wednesday, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.29 on revenue of $18.71B.

Costco had beat expectations on Thursday, March 3, 2022 with second quarter EPS of $2.92 on revenue of $51.9B, compared to forecast for EPS of $2.76 on revenue of $51.53B.

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

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