Investing.com - Embotelladora Andina B ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Embotelladora Andina B ADR announced earnings per share of 0.2919 on revenue of 739.99M. Analysts polled by Investing.com anticipated EPS of 0.3794 on revenue of 759.22M.
Embotelladora Andina B ADR shares are up 2.28% from the beginning of the year, still down 31.06% from its 52 week high of 15.71 set on April 28, 2021. They are outperforming the S&P/BMV IPC which is down 2.22% from the start of the year.
Embotelladora Andina B ADR follows other major Consumer Staples sector earnings this month
Embotelladora Andina B ADR's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of 1.33 on revenue of 19.38B, compared to forecasts EPS of 1.29 on revenue of 18.71B.
Coca-Cola had beat expectations on Monday with first quarter EPS of 0.64 on revenue of 10.49B, compared to forecast for EPS of 0.5792 on revenue of 9.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar