Actionable news
All posts from Actionable news
Actionable news in KO: COCA-COLA COMPANY,

Don't Get Spooked by Coca-Cola's Second-Quarter Revenue Stumble

In the most recent quarter, Coca-Cola (KO) suffered a double whammy as a result of weak market conditions in two important regions, China and Latin America.

While the beverage behemoth beat analyst estimates for adjusted earnings per share, delivering 60 cents against expectations of 58 cents, it missed estimates on revenue, which fell more than 5% year on year to $11.54 billion. Shares of the...