Coca-Cola European Earnings miss, Revenue beats In Q4
Investing.com - Coca-Cola (NYSE: KO ) European reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Coca-Cola European announced earnings per share of €0.8 on revenue of €3.9B. Analysts polled by Investing.com anticipated EPS of €1.26 on revenue of €3.63B.
Coca-Cola European shares are up 2% from the beginning of the year and are trading at €57.24 , down-from-52-week-high.They are outperforming the Nasdaq which is down 9.62% from the start of the year.
Coca-Cola European follows other major Consumer Staples sector earnings this month
Coca-Cola European'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.
Coca-Cola had beat expectations on Thursday, February 10, 2022 with fourth quarter EPS of €0.45 on revenue of €9.47B, compared to forecast for EPS of €0.4118 on revenue of €8.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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