Coca-Cola’s results surpassed the analysts' expectations
Coca-Cola posted earnings on Wednesday that beat analysts' estimates, but blamed strong international headwinds and political uncertainty for lower revenue.
Net sales in the third quarter fell 7 percent from a year earlier to $10.6 billion, but were higher than Wall Street estimates of $10.5 billion. Coke's better-than-expected revenue was helped by higher prices for sodas and a strong demand for water and sports drinks in North America. (portfolio.hu)
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