Monday, April 24, 2023

Coca-Cola Q1 Profit Up 12%, Results Top Estimates

Beverages giant Coca-Cola Co. (KO) reported Monday that profit for the first quarter increased 12 percent from last year, driven by 5 percent revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also maintained its adjusted earnings and organic revenue growth outlook for the full-year 2023.

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