Investing.com - Coca-Cola (NYSE:KO) Femsa ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Coca-Cola Femsa ADR announced earnings per share of Mex$15.1 on revenue of Mex$89.68B. Analysts polled by Investing.com anticipated EPS of Mex$14.04 on revenue of Mex$50.54B.
Coca-Cola Femsa ADR shares are down 0% from the beginning of the year, still down 30.73% from its 52 week high of Mex$61.37 set on February 26, 2020. They are under-performing the Euro Stoxx 50 which is up 2.82% from the start of the year.
Coca-Cola Femsa ADR follows other major Consumer/Non-Cyclical sector earnings this month
Coca-Cola Femsa ADR's report follows an earnings beat by Coca-Cola on February 10, who reported EPS of Mex$0.47 on revenue of Mex$8.6B, compared to forecasts EPS of Mex$0.4184 on revenue of Mex$8.6B.
PepsiCo had beat expectations on February 11 with fourth quarter EPS of Mex$1.47 on revenue of Mex$22.46B, compared to forecast for EPS of Mex$1.46 on revenue of Mex$21.8B.
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