Consumer staples earnings scoreboard: 75% beat EPS estimates, 87.5% post Y/Y earnings growth

What happened: Eight consumer staples companies reported quarterly results this week, including Estee Lauder (EL), Clorox (CLX), Archer Daniels Midland (ADM), Keurig Dr Pepper (KDP), Sysco (SYY), Kraft Heinz (KHC), Monster Beverage (MNST), and Kimberly-Clark (KMB). Key numbers: Six of eight beat EPS estimates and six beat revenue estimates. Why it matters: Kraft Heinz raised adjusted EPS guidance and narrowed its expected organic sales decline. ADM raised its adjusted EPS outlook and lowered planned capital expenditures, while Clorox maintained its sales growth outlook.

Eight consumer staples companies reported quarterly results this week, including Estee Lauder (EL), Clorox (CLX), Archer Daniels Midland (ADM), Keurig Dr Pepper (KDP), Sysco (SYY), Kraft Heinz (KHC), Monster Beverage (MNST), and Kimberly-Clark (KMB).

Kraft Heinz raised adjusted EPS guidance and narrowed its expected organic sales decline. ADM raised its adjusted EPS outlook and lowered planned capital expenditures, while Clorox maintained its sales growth outlook.