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Coca-Cola
beat first-quarter revenue and earnings estimates Monday following price increases.
Coca-Cola (ticker: KO) posted first-quarter adjusted earnings of 68 cents a share on sales of $11 billion, up 5% year-over-year. Analysts surveyed by FactSet were expecting earnings of 65 cents a share on revenue of $10.8 billion. This time last year, the owner of Diet Coke and Minute Maid reported earnings of 64 cents a share on sales of $10.49 billion.
Coca-Cola Earnings and Sales Beat Estimates Amid Price Increases
Coca-Cola beat first-quarter revenue and earnings estimates Monday following price increases.
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Lyndia Menjivar