Investing.com - Embotelladora Andina reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Embotelladora Andina announced earnings per share of 0.0126 on revenue of 580.59M. Analysts polled by Investing.com anticipated EPS of 0.0226 on revenue of 535.28M.
Embotelladora Andina shares are up 27% from the beginning of the year, still down 27.29% from its 52 week high of 15.06 set on March 3. They are outperforming the IBEX 35 which is up 8.2% from the start of the year.
Embotelladora Andina follows other major Consumer/Non-Cyclical sector earnings this month
Embotelladora Andina's report follows an earnings missed by Mondelez on Tuesday, who reported EPS of 0.62 on revenue of 6.64B, compared to forecasts EPS of 0.648 on revenue of 6.4B.
Bunge had beat expectations on Wednesday with second quarter EPS of 2.61 on revenue of 11.65B, compared to forecast for EPS of 1.59 on revenue of 11.57B.
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