Investing.com - Coca-Cola (NYSE:KO) Femsa ADR reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Coca-Cola Femsa ADR announced earnings per share of Mex$14.5 on revenue of Mex$45.92B. Analysts polled by Investing.com anticipated EPS of Mex$14.53 on revenue of Mex$46.16B.
Coca-Cola Femsa ADR shares are down 2% from the beginning of the year, still down 1.05% from its 52 week high of Mex$54.30 set on July 26. They are under-performing the PSI 20 which is up 2.69% from the start of the year.
Coca-Cola Femsa ADR follows other major Consumer Staples sector earnings this month
Coca-Cola Femsa ADR's report follows an earnings beat by Coca-Cola on July 21, who reported EPS of Mex$0.68 on revenue of Mex$10.1B, compared to forecasts EPS of Mex$0.5625 on revenue of Mex$9.31B.
PepsiCo had beat expectations on July 13 with second quarter EPS of Mex$1.72 on revenue of Mex$19.22B, compared to forecast for EPS of Mex$1.53 on revenue of Mex$17.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar