Coca-Cola Earnings, Revenue beat in Q1 By Investing.com

Coca-Cola (NYSE:KO) reported on Monday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Coca-Cola announced earnings per share of $0.55 on revenue of $9.00B. Analysts polled by Investing.com anticipated EPS of $0.5034 on revenue of $8.63B.

Coca-Cola shares are down 2% from the beginning of the year and are trading at $53.68 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.43% from the start of the year.

Coca-Cola follows other major Consumer/Non-Cyclical sector earnings this month

Coca-Cola’s report follows an earnings beat by PepsiCo on Thursday, who reported EPS of $1.21 on revenue of $14.82B, compared to forecasts EPS of $1.12 on revenue of $14.55B.

Constellation Brands B had beat expectations on April 8 with fourth quarter EPS of $1.82 on revenue of $1.95B, compared to forecast for EPS of $1.58 on revenue of $1.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar