- Company News: Coca-Cola (KO) Quarterly Results Beat Expectations
Market news
9 February 2016
Company News: Coca-Cola (KO) Quarterly Results Beat Expectations
Coca-Cola reported Q4 FY 2015 earnings of $0.38 per share (versus $0.44 in Q4 FY 2014), beating analysts' consensus of $0.37.
The company's quarterly revenues amounted to $10 bln (-8% y/y), slightly beating consensus estimate of $9.910 bln.
The company also announced it expects its FY 2016 revenue growth to be 4%-5% and EPS growth to reach 4%- 6%.
KO fell to $42.64 (-0.02%) in pre-market trading.
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