Investing.com - Embotelladora Andina B ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Embotelladora Andina B ADR announced earnings per share of 0.3806 on revenue of 725.54M. Analysts polled by Investing.com anticipated EPS of 0.3687 on revenue of 709.86M.
Embotelladora Andina B ADR shares are down 6.09% from the beginning of the year, still down 15.69% from its 52 week high of 17.25 set on March 1. They are under-performing the S&P/BMV IPC which is up 10.97% from the start of the year.
Embotelladora Andina B ADR follows other major Consumer/Non-Cyclical sector earnings this month
Embotelladora Andina B ADR's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of 1.26 on revenue of 18.11B, compared to forecasts EPS of 1.19 on revenue of 17.96B.
Coca-Cola had beat expectations on April 19 with first quarter EPS of 0.55 on revenue of 9B, compared to forecast for EPS of 0.5039 on revenue of 8.68B.
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