Coca-Cola on Thursday reported quarterly earnings and revenue that topped analysts’ expectations.
Shares of the company fell more than 1% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
Earnings per share: 45 cents adjusted vs. 41 cents expected
Revenue: $9.46 billion vs. $8.96 billion expected
Excluding items, Coke earned 45 cents per share, beating the 41 cents per share expected by analysts surveyed by Refinitiv.
Net salesrose 10% to $9.46 billion, topping expectations of $8.96 billion.
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