Investing.com - Coca-Cola (NYSE:KO) European reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola European announced earnings per share of €0.76 on revenue of €3.88B. Analysts polled by Investing.com anticipated EPS of €0.665 on revenue of €3.15B.
Coca-Cola European shares are up 16.52% from the beginning of the year and are trading at €58.06 , 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 Monster Beverage on Thursday, August 5, 2021, who reported EPS of €0.75 on revenue of €1.46B, compared to forecasts EPS of €0.6762 on revenue of €1.39B.
Kraft Heinz had beat expectations on Wednesday, August 4, 2021 with second quarter EPS of €0.78 on revenue of €6.62B, compared to forecast for EPS of €0.7215 on revenue of €6.55B.
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