Investing.com - Coca-Cola reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola announced earnings per share of $0.64 on revenue of $10.5B. Analysts polled by Investing.com EPS of $0.5792 on revenue of $9.83B.
Coca-Cola 's are up 10% and is trading at $65.25 , still down 2.61% from its 52 week high of $67.00 set on Thursday, April 21, 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, who reported EPS of $1.33 on revenue of $19.38B, EPS of $1.29 on revenue of $18.71B.
Costco had beat expectations on Thursday, March 3, 2022 with second quarter EPS of $2.92 on revenue of $51.9B, for EPS of $2.76 on revenue of $51.53B.
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