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Company News: The Coca-Cola Company (KO) reported better than expected fourth quarter profits | 10.02.2015

 

The Coca-Cola Company (KO) earned $0.44 per share in the fourth quarter, beating analysts' estimate of $0.42. Revenue in the fourth quarter decreased 1.5% year-over-year to $10.87 billion, but exceeding analysts' estimate of $10.77 billion.

The company has announced that it expects mid single digit EPS growth in 2015, in line with the growth rate in 2014.

The Coca-Cola Company (KO) shares increased to $42.93 ( 4.12%) prior to the opening bell.



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