The Coca-Cola Company Reports First Quarter 2017 Results
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Coca Cola (KO) Misses Q1 EPS by 1c, Revenues Beat
April 25, 2017 6:57 AM EDTCoca Cola (NYSE: KO) reported Q1 EPS of $0.43, $0.01 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $9.12 billion versus the consensus estimate of $8.89 billion.
Net Revenues Declined 11%, Reflecting Unfavorable Impacts from Structural Changes of 10% and Foreign Currency of 1%Organic Revenues (Non-GAAP) Were Even, Which Included the Impact of Two Fewer Days in the Reporting Calendar and the Shift of the Easter HolidayPrice/Mix Grew 3% with Balanced Contribution Across the Operating SegmentsOperating Margin and Comparable Currency Neutral Operating Margin (Non-GAAP) Expanded More than 90 Basis Points and More than... More