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

Market news

19 April 2021

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

Coca-Cola (KO) reported Q1 FY 2021 earnings of $0.55 per share (versus $0.51 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.50 per share.

The company’s quarterly revenues amounted to $9.000 bln (+4.7% y/y), beating analysts’ consensus estimate of $8.581 bln.

KO rose to $54.20 (+0.97%) in pre-market trading.

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