Coca-Cola Enterprises (CCE) Tops Q3 EPS by 1c, Sales Light

Coca-Cola Enterprises (NYSE: CCE) reported Q3 EPS of $0.96 on a reported basis, or $0.92 on a comparable basis, including a currency benefit of approximately 3 cents, versus the analyst estimate of $0.91. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.29 billion.

“We continue to face operating challenges, including sustained macroeconomic softness, a difficult retail environment, and poor weather early in the quarter,” said John F. Brock, chairman and chief executive officer.

“We expect most of these operating conditions will persist, and as we have done in the past, we will manage each element of our business to position our company to achieve our primary objective – delivering shareowner value,” Mr. Brock said. “At every level of our company, we are committed to the operating excellence necessary to reach this goal.”

For earnings history and earnings-related data on Coca-Cola Enterprises (CCE) click here.

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