- Company News: Coca-Cola (KO) quarterly results beat analysts’ estimates
Notícias do Mercado
23 julho 2019
Company News: Coca-Cola (KO) quarterly results beat analysts’ estimates
Coca-Cola (KO) reported Q2 FY 2019 earnings of $0.63 per share (versus $0.61 in Q2 FY 2018), beating analysts’ consensus estimate of $0.61.
The company’s quarterly revenues amounted to $9.997 bln (+6.1% y/y), beating analysts’ consensus estimate of $9.858 bln.
The company also reaffirmed FY 2019 EPS growth -1%-1% growth versus $2.08 in 2018(versus analysts’ consensus estimate of $2.10) and raised FY 2019 organic revenue growth to +5% from +4%.
KO rose to $52.50 (+2.50%) in pre-market trading.
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