Coca-Cola European Earnings inline, Revenue beats In Q1

  • Investing.com
Coca-Cola European Earnings inline, Revenue beats In Q1

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

Coca-Cola European announced earnings per share of €0.16 on revenue of €3.09B. Analysts polled by Investing.com anticipated EPS of €0.16 on revenue of €2.78B.

Coca-Cola European shares are up 13.25% from the beginning of the year and are trading at €56.43 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% 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, April 20, 2021, who reported EPS of €1.26 on revenue of €18.11B, compared to forecasts EPS of €1.19 on revenue of €17.96B.

Coca-Cola had beat expectations on Monday, April 19, 2021 with first quarter EPS of €0.55 on revenue of €9B, compared to forecast for EPS of €0.5039 on revenue of €8.68B.

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