Investing.com - Utz Brands reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Utz Brands announced earnings per share of $0.16 on revenue of $362.8M. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $341.55M.
Utz Brands shares are down 10% from the beginning of the year, still down 18.72% from its 52 week high of $19.98 set on August 11.
Utz Brands follows other major Consumer Staples sector earnings this month
Utz Brands'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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