Coca Cola (KO) Tops Q1 EPS by 1c
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The Coca-Cola Company Reports First Quarter 2016 Results
April 20, 2016 6:55 AM EDTReported net revenue declined 4% and organic revenue grew 2% in the quarter, impacted by one less day in our reporting calendar. Reported EPS was $0.34 and comparable EPS was $0.45. Global volume grew 2%. Global price/mix was a positive 1%, as solid underlying pricing was partially offset by segment mix. Comparable currency neutral operating margin expanded. Gained global value share in nonalcoholic ready-to-drink beverages. Full-year comparable currency neutral earnings... More
