Company News: Coca-Cola (KO) quarterly earnings beat analysts’ estimate

Market news

30 October 2018

Company News: Coca-Cola (KO) quarterly earnings beat analysts’ estimate

Coca-Cola (KO) reported Q3 FY 2018 earnings of $0.58 per share (versus $0.50 in Q3 FY 2017), beating analysts' consensus estimate of $0.55.

The company's quarterly revenues amounted to $8.245 bln (-9.2% y/y), generally in line with analysts' consensus estimate of $8.196 bln.

KO rose to $46.90 (+0.95%) in pre-market trading.

Company News: General Electric (GE) quarterly results beat analysts’ expectations

UK retail sales growth slowed noticeably in the year to October, following four consecutive months of firm sales growth during the summer - CBI

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