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Investing.com - Coca-Cola reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola announced earnings per share of $0.7 on revenue of $11.3B. Analysts polled by Investing.com EPS of $0.6693 on revenue of $10.54B.
Coca-Cola 's are up 5% and is trading at $62.19 , still down 7.46% from its 52 week high of $67.20 set on Monday, April 25, 2022.
Coca-Cola follows other major Consumer Staples sector earnings this month
Coca-Cola's report follows an earnings beat by PepsiCo on Tuesday, July 12, 2022, who reported EPS of $1.86 on revenue of $20.23B, EPS of $1.74 on revenue of $19.51B.
Philip Morris had beat expectations on Thursday with second quarter EPS of $1.48 on revenue of $7.83B, for EPS of $1.25 on revenue of $6.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar