Investing.com - Oatly Group AB reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Oatly Group AB announced earnings per share of $-0.18 on revenue of $183M. Analysts polled by Investing.com anticipated EPS of $-0.11 on revenue of $211.22M.
Oatly Group AB shares are up 3.5% from the beginning of the year and are trading at $2.45 , down-from-52-week-high.
Oatly Group AB follows other major Consumer Staples sector earnings this month
Oatly Group AB'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 $1.55 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 $0.6369 on revenue of $10.52B.
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