ATLANTA (AP) - Coca-Cola Co. (KO) on Tuesday reported earnings that declined by 3 percent in its second quarter, and beat analysts' expectations.<br />
The Atlanta-based company said profit fell to $2.6 billion, or 58 cents per share, from $2.68 billion, or 59 cents per share, in the same quarter a year earlier.<br />
Earnings, adjusted for non-recurring costs and asset impairment costs, came to 64 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.<br />
The company said revenue dropped 1.4 percent to $12.57 billion from $12.75 billion in the same quarter a year earlier, and missed Wall Street forecasts. Analysts expected $12.85 billion, according to Zacks.<br />
Coca-Cola shares have risen $1.09, or 2.6 percent, to $42.40 since the beginning of the year, while the Standard & Poor's 500 index has increased 6.8 percent. The stock has increased $1.56, or 3.8 percent, in the last 12 months.
Due to program and enrollment growth at its Cumming Campus, the University of North Georgia plans to lease the top floor of the Cumming City Hall for its Master of Business Administration and continuing education and professional development programs, that according to Associate Vice President of University Relations Kate Maine.
With two-thirds of Hall County’s population living south of Oakwood (according to the Greater Hall Chamber of Commerce) the South Hall Business Coalition wanted to hear from Sheriff Gerald Couch and tour the new Sheriff’s Office headquarters building that opened in their part of the county in November 2014.