Coca-Cola Earnings, Revenue beat In Q4

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Coca-Cola Earnings, Revenue beat In Q4
Credit: © Reuters.

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

Coca-Cola announced earnings per share of $0.45 on revenue of $9.5B. Analysts polled by Investing.com anticipated EPS of $0.4104 on revenue of $8.99B.

Coca-Cola shares are up 3% from the beginning of the year and are trading at $61.04 , down-from-52-week-high.They are outperforming the S&P 500 which is down 3.76% 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, January 19, 2022, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.

PepsiCo had beat expectations on Thursday with fourth quarter EPS of $1.53 on revenue of $25.25B, compared to forecast for EPS of $1.52 on revenue of $24.21B.

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

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