Classic Coca-Cola bottles are seen in a store window in Manhattan, New York on July 15, 2024.
Beata Gross sales | Nurphoto | Getty Photos
Coke on Wednesday reported quarterly earnings and income that beat analysts’ expectations.
The corporate’s shares have been up lower than 1% in premarket buying and selling.
This is what the corporate reported in comparison with what Wall Road anticipated, based mostly on a survey of analysts by LSEG:
- Earnings per share: 77 cents adjusted vs. 74 cents anticipated
- Income: $11.95 billion adjusted vs $11.60 billion anticipated
Coke reported third-quarter web earnings to shareholders of $2.85 billion, or 66 cents per share, down from $3.09 billion, or 71 cents per share, a 12 months earlier.
Excluding gadgets, the corporate earned 77 cents per share.
Adjusted web gross sales of $11.95 billion have been roughly flat from a 12 months earlier.
