Coca Cola (KO) Tops Q3 EPS by 1c; Outlook Reaffirmed for Organic Revenues and Comparable EPS

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Go back to Coca Cola (KO) Tops Q3 EPS by 1c; Outlook Reaffirmed for Organic Revenues and Comparable EPS

The Coca-Cola Company Reports Solid Operating Results in Third Quarter 2017

October 25, 2017 6:55 AM EDT

Net Revenues Down 15%, Driven by 18-Point Headwind from Refranchising; Organic Revenues (Non-GAAP) Grew 4%, Driven by Price/Mix of 3%

Operating Margin Grew 200 Basis Points; Increase of 400 Basis Points in Comparable Operating Margin (Non-GAAP)

EPS Grew 40% to $0.33; Comparable EPS (Non-GAAP) Grew 2% to $0.50

Full Year Outlook Reaffirmed for Organic Revenues and Comparable EPS (Both Non-GAAP)

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported solid third quarter 2017 operating results and reaffirmed its full year financial outlook. While reported net revenues continued to be impacted by a headwind... More