Coca Cola (KO) Tops Q3 EPS by 3c; Maintains Outlook
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Coca-Cola Reports Strong Operating Results for Third Quarter 2018
October 30, 2018 6:55 AM EDTNet Revenues Declined 9%, Due to Bottler Refranchising; Organic Revenues (Non-GAAP) Grew 6%
Operating Margin Expanded Approximately 600 Basis Points; Comparable Operating Margin (Non-GAAP) Expanded 575 Basis Points
EPS from Continuing Operations Grew 62% to $0.54; Comparable EPS from Continuing Operations (Non-GAAP) Grew 14% to $0.58, Impacted by an 8% Currency Headwind
ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported continued momentum in its business for 2018, with strong financial results for the third quarter. While reported net revenues for the quarter declined due to refranchising, the company delivered broad-based organic revenue (non-GAAP)... More
