Company News: Coca-Cola (KO) posts quarterly earnings in line with analysts' forecast

Market news

18 October 2019

Company News: Coca-Cola (KO) posts quarterly earnings in line with analysts' forecast

Coca-Cola (KO) reported Q3 FY 2019 earnings of $0.56 per share (versus $0.57 in Q3 FY 2018), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $9.507 bln (+8.3% y/y), slightly beating analysts’ consensus estimate of $9.424 bln.

KO rose to $54.52 (+1.36%) in pre-market trading.

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