ATLANTA (dpa-AFX) - The Coca-Cola Company (KO) announced a profit for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $3.810 billion, or $0.88 per share. This compares with $2.411 billion, or $0.56 per share, last year.
Excluding items, The Coca-Cola Company reported adjusted earnings of $3.766 billion or $0.87 per share for the period.
Analysts on average had expected the company to earn $0.84 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.4% to $12.535 billion from $12.363 billion last year.
The Coca-Cola Company earnings at a glance (GAAP) :
-Earnings: $3.810 Bln. vs. $2.411 Bln. last year. -EPS: $0.88 vs. $0.56 last year. -Revenue: $12.535 Bln vs. $12.363 Bln last year.
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