Monday, April 19, 2021

Coca-Cola Q1 Profit Declines 19%, But Results Top Estimates

Beverages giant Coca-Cola reported a 19 percent decline in profit for the second quarter from last year as a revenue growth of 5 percent and improved margins were offset by higher income taxes and interest expense. However, adjusted earnings per share and revenues topped analysts' expectations. The company also maintained its adjusted earnings and organic revenue growth outlook for fiscal 2021.

from RTT - Earnings https://ift.tt/3swTfXy
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