Wednesday, July 25, 2018

Coca-Cola Company Q2 Profit Beats Estimates; Organic Revenues Up 5%

The Coca-Cola Company (KO) reported that its second-quarter comparable earnings per share from continuing operations grew 3% to $0.61, impacted by a 2% currency headwind. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.60 for the quarter. Analysts' estimates typically exclude special items. Earnings per share from continuing operations grew 68% to $0.53.

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