ATLANTA — Coca-Cola Co. is reporting reported first-quarter earnings of $1.37 billion.<\/p>\n
The Atlanta company said it had net income of 32 cents per share. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.<\/p>\n
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.<\/p>\n
The world’s largest beverage maker posted revenue of $7.63 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $7.44 billion.<\/p>\n
Coke shares have decreased 4 per cent since the beginning of the year, while the Standard & Poor’s 500 index has stayed nearly flat. The stock has climbed 2 per cent in the last 12 months.<\/p>\n
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This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on KO at https:\/\/www.zacks.com\/ap\/KO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ATLANTA — Coca-Cola Co. is reporting reported first-quarter earnings of $1.37 billion. The Atlanta company said it had net income of 32 cents per share. Earnings, adjusted for one-time gains and costs, came to 47 cents per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6923"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=6923"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6923\/revisions"}],"predecessor-version":[{"id":6925,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/6923\/revisions\/6925"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=6923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=6923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=6923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}