Investing.com - Nomad Foods (NYSE:NOMD) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nomad Foods announced earnings per share of €0.51 on revenue of €759.6M. Analysts polled by Investing.com anticipated EPS of €0.43 on revenue of €709.88M.
Nomad Foods shares are down 33.2% from the beginning of the year, still down 36.93% from its 52 week high of €26.89 set on January 7.
Nomad Foods shares gained 1.80% in intra-day trade following the report.
Nomad Foods follows other major Consumer Staples sector earnings this month
Nomad Foods's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of €1.57 on revenue of €20.61B, compared to forecasts EPS of €1.56 on revenue of €20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of €0.69 on revenue of €11.06B, compared to forecast for EPS of €0.6388 on revenue of €10.53B.
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