Coca-Cola (KO) Selloff Overdone - Stifel

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Coca Cola (KO) Tops Q1 EPS by 1c

April 20, 2016 6:55 AM EDT

Coca Cola (NYSE: KO) reported Q1 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $10.3 billion versus the consensus estimate of $10.28 billion.

We continue to transform The Coca-Cola Company into a company that is focused on our core value creation model of building strong brands, enhancing customer value and leading our franchise system, said Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company. Amidst a challenging global macro environment, the continued focus on our five strategic initiatives enabled us to gain global value share in the first... More