Bellwether stock #3: Coca-Cola (KO) - Louis Navellier

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Bellwether stock #3: Coca-Cola (KO)
Aug 01, 2009 04:00 PM UTC

Louis Navellier

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Via BloggingStocks:

Filed under: Earnings reports, Coca-Cola (KO)

bellwether stocks coca-cola The world's largest soft-drink maker, Coca-Cola (NYSE: KO), also is a Dow component. Like so many of the companies in the Dow, Coca-Cola has managed to beat its bottom-line earnings number. Profits for the recent quarter came in at 92 cents per share, topping analysts' forecast of 89 cents per share.

When it came to top-line revenues, Coca-Cola was flat. Operating revenue fell 9% to $8.27 billion, missing the consensus expectation of $8.57 billion. But the reason for the drag was due to the strong dollar.

Continue reading Bellwether stock #3: Coca-Cola (KO)

Bellwether stock #3: Coca-Cola (KO) originally appeared on BloggingStocks on Sat, 01 Aug 2009 11:00:00 EST. Please see our terms for use of feeds.

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