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

Notícias do Mercado

21 abril 2020

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

Coca-Cola (KO) reported Q1 FY 2020 earnings of $0.51 per share (versus $0.48 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.45 per share.

The company's quarterly revenues amounted to $8.600 bln (+7.2% y/y), beating analysts' consensus estimate of $8.323 bln.

The company said that its FY 2020 financial and operating results cannot be reasonably estimated at this time due to the uncertainty around the coronavirus pandemic.

KO rose to $47.00 (+1.01%) in pre-market trading.

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