Investing.com - Alkaline Water reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alkaline Water announced earnings per share of $-0.0400 on revenue of $19.6M. Analysts polled by Investing.com anticipated EPS of $-0.0500 on revenue of $18.31M.
Alkaline Water shares are down 20% from the beginning of the year, still down 81.95% from its 52 week high of $1.52 set on November 15, 2021.
Alkaline Water follows other major Consumer Staples sector earnings this month
Alkaline Water'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 $1.55 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 $0.6369 on revenue of $10.52B.
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