clear
Friday November 17th, 2017 11:41PM
9:48PM ( 1 hour ago ) Weather Alert

Coke beats Street 3Q forecasts

By The Associated Press

ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Co. (KO) on Wednesday reported third-quarter earnings of $1.45 billion.

The Atlanta-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring costs, were 50 cents per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The world's largest beverage maker posted revenue of $9.08 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $8.84 billion.

Coke shares have increased 11 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 15 percent. The stock has risen 8.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KO at https://www.zacks.com/ap/KO

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Nets overcome James' triple-double, beat Cavs 112-107
Spencer Dinwiddie made the go-ahead 3-pointer with 43 seconds left while starting for the injured D'Angelo Russell, and the Brooklyn Nets overcame LeBron James' first triple-double of the season to beat the Cleveland Cavaliers 112-107
10:23PM ( 28 minutes ago )
The Latest: Seager's 2-run homer gives Dodgers 3-1 lead
Corey Seager's 2-run homer has given the Dodgers a 3-1 lead through six innings of Game 2. Justin Verlander had been mostly cruising through the Dodger lineup before allowing a home run to Joc Pederson in the fifth
10:19PM ( 32 minutes ago )
Thai funeral steeped in Buddhism, history with modern touch
Funeral for Thailand's King Bhumibol Adulyadej steeped in Buddhism and tradition with modern and personal touches
10:17PM ( 35 minutes ago )
Associated Press (AP)
Vice President Pence to visit Israel and Egypt in December
Vice President Mike Pence has announced that he will travel to Israel and Egypt in late December
9:27PM ( 1 hour ago )
Trump, GOP at odds over using 401(k)s to pay for tax cuts
Trump, GOP at odds over using 401(k)s to pay for tax cuts
9:05PM ( 1 hour ago )
The Latest: Trump_ It's disgrace Democrats paid for dossier
President Donald Trump and other Republicans are latching onto revelations tying Hillary Clinton's presidential campaign to a dossier of allegations about Trump ties to Russia
9:00PM ( 1 hour ago )
AP Business
Weinstein Co. targeted in new claims of sexual misconduct
Lawyers for two women accusing disgraced film mogul Harvey Weinstein of sexual misconduct are targeting his former company
5:36PM ( 5 hours ago )
Ex-judge 1st to be sentenced in FIFA scandal, gets 8 months
Former judge who led Guatemala's soccer federation becomes 1st person sentenced in the US in the FIFA world soccer corruption scandal, gets 8 months in prison
5:07PM ( 5 hours ago )
The Latest: Ex-judge is 1st to be sentenced in FIFA scandal
Former judge who led Guatemala's soccer federation becomes 1st person sentenced in the US in the FIFA world soccer corruption scandal, gets 8 months in prison
5:02PM ( 5 hours ago )
AP Business - Corporate News
Gas prices decreasing in Georgia
The average gas price in Georgia has decreased more than 30 cents over the past month.
7:50AM ( 1 week ago )
Collapsed interstate bridge in Georgia reopens to traffic
A key section of interstate highway through Atlanta has partially reopened, six weeks after a highway bridge collapsed because of a large fire.
7:41PM ( 5 months ago )
Cagle promises 500,000 new jobs in Georgia governor campaign
Casey Cagle will launch his campaign for governor on Sunday with a pledge to add half a million new jobs in Georgia in four years if voters choose him to replace term-limited Gov. Nathan Deal.
12:11PM ( 5 months ago )
AP Online - Georgia News
Nets overcome James' triple-double, beat Cavs 112-107
Spencer Dinwiddie made the go-ahead 3-pointer with 43 seconds left while starting for the injured D'Angelo Russell, and the Brooklyn Nets overcame LeBron James' first triple-double of the season to beat the Cleveland Cavaliers 112-107
10:23PM ( 29 minutes ago )
The Latest: Seager's 2-run homer gives Dodgers 3-1 lead
Corey Seager's 2-run homer has given the Dodgers a 3-1 lead through six innings of Game 2. Justin Verlander had been mostly cruising through the Dodger lineup before allowing a home run to Joc Pederson in the fifth
10:19PM ( 32 minutes ago )
Thai funeral steeped in Buddhism, history with modern touch
Funeral for Thailand's King Bhumibol Adulyadej steeped in Buddhism and tradition with modern and personal touches
10:17PM ( 35 minutes ago )
Doping scandal roils another sport: Dogsledding
The world's most famous dog sled race was dealt another blow from a doping scandal that follows the loss of major sponsors, numerous dog deaths and pressure from animal rights activists
10:05PM ( 46 minutes ago )
The Latest: Dodgers' Pederson homers for 1-1 tie in Series
Joc Pederson homers off Justin Verlander to pull Dodgers into 1-all tie with Astros
9:56PM ( 55 minutes ago )