Company News: Coca-Cola (KO) Q3 profit slightly beats estimates

Market news

21 October 2015

Company News: Coca-Cola (KO) Q3 profit slightly beats estimates

Coca-Cola reported Q3 earnings of $0.51 per share (-3.8% y/y), slightly above analysts' consensus of $0.50.

The company's revenues amounted to $11.427 bln (-4.6% y/y), slightly below consensus estimate of $11.545 bln.

KO fell to $41.70 (-1.40%) in pre-market trading.

China’s central bank supplies 105.5 billion yuan to 11 commercial lenders

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