Investing.com - Coca-Cola (NYSE:KO) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.58 on revenue of $8.2B. Analysts polled by Investing.com expected EPS of $0.55 on revenue of $8.18B. That compared to EPS of $0.5 on revenue of $9.08B in the same period a year earlier. The company had reported EPS of $0.61 on revenue of $8.9B in the previous quarter.
For the year, Coca-Cola shares are up 1.26%, outperforming the Dow 30 which is down 1.48% year to date.
Coca-Cola follows other major Consumer/Non-Cyclical sector earnings this month
On October 19, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.09 on revenue of $16.45B.
PepsiCo (NASDAQ:PEP) earnings beat analyst's expectations on October 2, with third quarter EPS of $1.59 on revenue of $16.49B. Investing.com analysts expected EPS of $1.57 on revenue of $16.37B
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