Coca Cola (KO) Tops Q3 EPS by 3c; Maintains Outlook

Coca Cola (NYSE: KO) reported Q3 EPS of $0.58, $0.03 better than the analyst estimate of $0.55. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.18 billion.

"We continue to be encouraged by our performance year-to-date as we accelerate our evolution as an even more consumer-centric, total beverage company," said James Quincey, President and CEO of The Coca-Cola Company. "The recent leadership appointments are intended to help accelerate the transformation of our company."

GUIDANCE:

Full Year 2018 Underlying Performance:

• At least 4% growth in organic revenues (non-GAAP) – No Change
• At least 9% growth in comparable currency neutral operating income (adjusted for structural items and accounting changes) (non-GAAP) – No Change

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

You May Also Be Interested In

• AZZ, Inc. (AZZ) Tops Q1 EPS by 16c, Offers Guidance
• Deutsche Bank Downgrades Simon Property Group (SPG) to Hold
• Alibaba (BABA) PT Lowered to $170 at HSBC