Investing.com - Cervecerias ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cervecerias ADR announced earnings per share of $93.24 on revenue of $684.11B. Analysts polled by Investing.com anticipated EPS of $114.78 on revenue of $697.84B.
Cervecerias ADR shares are down 0.45% from the beginning of the year and are trading at $11.36 , down-from-52-week-high.
Cervecerias ADR follows other major Consumer Staples sector earnings this month
Cervecerias ADR's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, 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 Tuesday, October 25, 2022 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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