Wed, Oct 27, 2021 7:05 AM
ATLANTA (AP) _ Coca-Cola Co. (KO) on Wednesday reported third-quarter net income of $2.47 billion.
On a per-share basis, the Atlanta-based company said it had profit of 57 cents. Earnings, adjusted for non-recurring costs, came to 65 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The world's largest beverage maker posted revenue of $10.04 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $9.59 billion.