Coca-Cola Enterprises (CCE) Misses Q3 EPS by 10c

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Go back to Coca-Cola Enterprises (CCE) Misses Q3 EPS by 10c

Coca-Cola Enterprises, Inc. Reports Third-Quarter 2015 Results, Affirms Full-Year Earnings Outlook

October 29, 2015 7:30 AM EDT

Third-quarter diluted earnings per share were 72 cents on a reported basis or 84 cents on a comparable basis, including a negative currency translation impact of 15 cents. Net sales were $1.8 billion, down 14½ percent on a reported basis or down 1 percent on a currency-neutral basis; volume declined 1 percent. Reported operating income was $260 million, down 24½ percent; comparable operating income was $297 million, down 12 percent or up 2 percent on a currency-neutral basis. CCE affirms its full-year profit guidance for 2015, including comparable and currency-neutral... More