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

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

Coca-Cola Reports Strong Operating Results for Third Quarter 2018

October 30, 2018 6:55 AM EDT

Net Revenues Declined 9%, Due to Bottler Refranchising; Organic Revenues (Non-GAAP) Grew 6%

Operating Margin Expanded Approximately 600 Basis Points; Comparable Operating Margin (Non-GAAP) Expanded 575 Basis Points

EPS from Continuing Operations Grew 62% to $0.54; Comparable EPS from Continuing Operations (Non-GAAP) Grew 14% to $0.58, Impacted by an 8% Currency Headwind

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported continued momentum in its business for 2018, with strong financial results for the third quarter. While reported net revenues for the quarter declined due to refranchising, the company delivered broad-based organic revenue (non-GAAP)... More