Company News: Coca-Cola (KO) Q2 EPS beat analysts’ estimate

Market news

27 July 2016

Company News: Coca-Cola (KO) Q2 EPS beat analysts’ estimate

Coca-Cola reported Q2 FY 2016 earnings of $0.60 per share (versus $0.63 in Q2 FY 2015), beating analysts' consensus estimate of $0.58.

The company's quarterly revenues amounted to $11.539 bln (-5.1% y/y), slightly missing analysts' consensus estimate of $11.630 bln.

KO fell to $44.00 (-1.96%) in pre-market trading.

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