Investing.com - Embotelladora Andina reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Embotelladora Andina announced earnings per share of 0.01 on revenue of 407.95M. Analysts polled by Investing.com anticipated EPS of 0.04 on revenue of 390.42M.
Embotelladora Andina shares are up 10% from the beginning of the year and are trading at 12.02 , down-from-52-week-high.They are outperforming the DAX which is down 3.14% from the start of the year.
Embotelladora Andina follows other major Consumer/Non-Cyclical sector earnings this month
Embotelladora Andina's report follows an earnings beat by Coca-Cola on July 21, who reported EPS of 0.42 on revenue of 7.2B, compared to forecasts EPS of 0.4 on revenue of 7.21B.
PepsiCo had beat expectations on July 13 with second quarter EPS of 1.32 on revenue of 15.95B, compared to forecast for EPS of 1.25 on revenue of 15.37B.
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