Coca-Cola: third-quarter earnings top Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Co. (KO) on Tuesday reported third-quarter net income of $4.01 billion. On a per-share basis, the Atlanta-based company said it had net income of 93 cents. Earnings, adjusted for pretax gains, came to 91 cents per share. The results topped…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat estimates for a major beverage maker, which may support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Coca-Cola reported third-quarter net income of $4.01 billion, or 93 cents per share.
- 02Adjusted earnings were 91 cents per share, versus an average analyst estimate of 87 cents.
- 03Revenue was $13.38 billion, also above Street forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets