Coca-Cola had a pretty good quarter despite 'uncertain and volatile macroeconomic environment'
Apr 22, 2015, 17:08 IST
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The company reported Q1 revenue of $10.7 billion, which was stronger than the $10.6 billion expected by analysts.
This was on top of earnings of $0.48 per share, which was higher than the $0.42 expected.
The stock is up by around 1% in pre-market trading.
"We continue to view 2015 as a transition year as the benefits from the announced initiatives will take time to fully materialize amidst an uncertain and volatile macroeconomic environment," CEO Muhtar Kent said.
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