Company News: Coca-Cola (KO) Q2 results beat analysts’ estimates

Market news

25 July 2018

Company News: Coca-Cola (KO) Q2 results beat analysts’ estimates

Coca-Cola (KO) reported Q2 FY 2018 earnings of $0.61 per share (versus $0.59 in Q2 FY 2017), beating analysts' consensus estimate of $0.60.

The company's quarterly revenues amounted to $8.900 bln (-8.3% y/y), beating analysts' consensus estimate of $8.539 bln.

The company reaffirmed guidance for FY 2018, projecting EPS of $2.06-2.10 versus analysts' consensus estimate of $2.08.

KO fell to $45.20 (-0.13%) in pre-market trading.

Company News: General Motors’ (GM) Q2 earnings beat analysts’ forecast

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