Wednesday, October 26, 2016

Coca-Cola Q3 Profit Down, But Results Beat Estimates

Coca-Cola Co. (KO) reported a profit for the third-quarter that declined 28 percent from the prior year. Net revenues were down 7% from prior year, impacted by a foreign currency exchange headwind of 2% and a headwind from acquisitions, divestitures and structural items of 8%. The company reaffirmed organic revenue and comparable earnings per share outlook for fiscal year 2016.

from RTT - Earnings http://ift.tt/2eL5xYv
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