Market Overview

UPDATE: Coca-Cola Posts Drop In Q4 Net Profit

Related KO
Emerging Market Woes Overshadow Coca-Cola's Q2 EPS Beat
Wells Fargo Thinks The Street May Have Already Priced In Dr Pepper's Q2 Results
Insights From Coca-Cola's Second Quarter (Seeking Alpha)

Coca-Cola Co (NYSE: KO) reported a drop in its fourth-quarter net profit.

Coca-Cola's quarterly profit declined to $1.71 billion, or $0.38 per share, versus a year-ago profit of $1.87 billion, or $0.41 per share. Its adjusted profit came in at $0.46 per share.

Its revenue slipped to $11.04 billion versus $11.46 billion. However, analysts were projecting earnings of $0.46 per share on revenue of $11.31 billion.

Coca-Cola shares fell 0.67% to $38.67 in pre-market trading.

Posted-In: profitEarnings News


Related Articles (KO)

View Comments and Join the Discussion!