Coca Cola (KO) Updates on Key Growth Initiatives; Will Miss FY14 L-T EPS Growth Target
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The Coca Cola Company (KO) Reports In-Line Q3 EPS
October 21, 2014 7:35 AM EDTThe Coca Cola Company (NYSE: KO) reported Q3 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $11.98 billion versus the consensus estimate of $12.14 billion.
PERFORMANCE HIGHLIGHTS
The Coca-Cola Company reported global volume growth of 1% in the third quarter and 2% year to date and gained volume and value share in nonalcoholic ready-to-drink (NARTD) beverages in the quarter.Global sparkling beverage volume was even in the quarter and grew 1% year to date as a challenging macroeconomic environment, adverse... More