Coca-Cola Reports Third Quarter 2020 Results, Provides Update on Strategic Actions to Emerge Stronger from the Pandemic
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Coca Cola (KO) Tops Q3 EPS by 9c, Revenues Beat
October 22, 2020 6:57 AM EDTCoca Cola (NYSE: KO) reported Q3 EPS of $0.55, $0.09 better than the analyst estimate of $0.46. Revenue for the quarter came in at $8.7 billion versus the consensus estimate of $8.35 billion.
"Throughout this year's crisis, our system has remained focused on its beverages for life strategy. We are accelerating our transformation that was already underway, shaping our company to recover faster than the broader economic recovery," said James Quincey, chairman and CEO of The Coca-Cola Company. "While many challenges still lie ahead, our progress in the quarter gives me confidence we are on the right... More
