Coca Cola Exceeds Estimates
By:
DailyMarkets.com
Posted on February 07, 2012 at 14:00 PM EST
The Coca Cola Company (NYSE:KO) reported operating earnings per share of 79 cents per share for the fourth-quarter 2011, ahead of the Zacks Consensus Estimate of 77 cents. Operating earnings were $3.84 per share, exceeding the Zacks Consensus Estimate by 2 cents. The fourth quarter and fiscal year 2011 earnings were also higher than the [...]
The Coca Cola Company (NYSE:KO) reported operating earnings per share of 79 cents per share for the fourth-quarter 2011, ahead of the Zacks Consensus Estimate of 77 cents. Operating earnings were $3.84 per share, exceeding the Zacks Consensus Estimate by 2 cents.
The fourth quarter and fiscal year 2011 earnings were also higher than the prior-year EPS by 9.7% and 10.0%, respectively.
In both the current and the prior-year quarters, Coca Cola was impacted by restructuring charges and costs related … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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