Investing.com - Coca-Cola 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 EPS of $0.4104 on revenue of $8.99B.
Coca-Cola 's are up 3% and is trading at $61.04 , still down 2.06% from its 52 week high of $62.33 set on Tuesday, February 8, 2022.
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, 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, for EPS of $1.52 on revenue of $24.21B.
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