Company News: The Coca-Cola Company (KO) reported better than expected fourth quarter profits

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10 fevereiro 2015

Company News: The Coca-Cola Company (KO) reported better than expected fourth quarter profits

The Coca-Cola Company (KO) earned $0.44 per share in the fourth quarter, beating analysts' estimate of $0.42. Revenue in the fourth quarter decreased 1.5% year-over-year to $10.87 billion, but exceeding analysts' estimate of $10.77 billion.

The company has announced that it expects mid single digit EPS growth in 2015, in line with the growth rate in 2014.

The Coca-Cola Company (KO) shares increased to $42.93 (+4.12%) prior to the opening bell.

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Foreign exchange market. European session: the euro traded lower against the U.S. dollar as concerns over Greece's further bailout policy weighed on the euro

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