scorecard
  1. Home
  2. stock market
  3. Coca-Cola had a pretty good quarter despite 'uncertain and volatile macroeconomic environment'

Coca-Cola had a pretty good quarter despite 'uncertain and volatile macroeconomic environment'

Sam Ro   

Coca-Cola had a pretty good quarter despite 'uncertain and volatile macroeconomic environment'
Stock Market1 min read

coca-cola coke

doobybrain via www.flickr.com

Coca-Cola's Q1 financial results are out, and overall the numbers were better than expected.

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.

More to come...

NOW WATCH: Here's how much sex happy couples have every month

READ MORE ARTICLES ON


Advertisement

Advertisement