Seven of Eight Consumer Staples Companies Beat Q3 EPS Estimates
Photo: TokenPost
Seven of eight S&P 500 consumer staples companies in the latest third-quarter reporting week beat earnings-per-share (EPS) estimates, and seven topped revenue forecasts. Three companies also raised their 2026 earnings outlooks. Coca-Cola, Altria and Colgate-Palmolive beat estimates for both EPS and revenue. Mondelez beat EPS estimates but narrowly missed revenue forecasts. Coca-Cola raised its comparable EPS growth outlook for 2026 to at least 11%. Altria increased its EPS guidance to a range of $5.66 to $5.74. Colgate-Palmolive lifted its adjusted EPS growth outlook to a range of 5% to 7%.
Source: TokenPost
