Investing.com - Coca-Cola (NYSE:KO) reported fourth quarter earnings that matched analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.43 on revenue of $7.06B. Analysts polled by Investing.com anticipated EPS of $0.43 on revenue of $7.06B. That compared to EPS of $0.39 on revenue of $7.51B in the same period a year earlier. The company had reported EPS of $0.58 on revenue of $8.26B in the previous quarter.
For the year, Coca-Cola shares are up 5.15%, under-performing the S&P 500 which is up 11.15% year to date.
Coca-Cola follows other major Consumer/Non-Cyclical sector earnings this month
On February 7, Philip Morris reported fourth quarter EPS of $1.25 on revenue of $7.5B, compared to forecasts of EPS of $1.17 on revenue of $7.39B.
Altria earnings matched analyst's expectations on January 31, with fourth quarter EPS of $0.95 on revenue of $4.79B. Investing.com analysts expected EPS of $0.95 on revenue of $4.81B
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