Headline: Coca-Cola Outperforms Expectations with a $0.02 Earnings Surprise and Higher-than-Anticipated Profits
Coca-Cola (NYSE: KO) reported third-quarter earnings per share of $0.77, surpassing analyst expectations of $0.75 by $0.02. The reported revenue for this quarter was $11.9 billion, which exceeded analyst projections of $11.63 billion.
Coca-Cola shares closed at $69.45, indicating a 3.58% increase over three months and a 24.82% rise over the past 12 months. In the last 90 days, Coca-Cola recorded one positive earnings per share outcome and 11 negative ones. According to InvestingPro, Coca-Cola's financial health score is "Very Good performance."
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