Coca-Cola beats Q3 expectations and raises full-year guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Coca-Cola (KO) topped Wall Street's third-quarter expectations, reporting adjusted earnings of $0.91 per share versus the $0.88 expected. Revenue climbed to $13.38 billion, beating estimates of $12.92 billion. Despite softer performance in its domestic market, international…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA mega-cap raising full-year guidance after beating estimates can move the stock and the beverage sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Coca-Cola reported adjusted EPS of $0.91 versus $0.88 expected.
- 02Revenue rose to $13.38 billion against $12.92 billion estimated.
- 03International growth offset softer US performance, and adjusted EPS growth is now guided to at least 11%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets