Before the market opened this morning, Tuesday July 16, The Coca-Cola Company (NYSE:KO) revealed its earnings for the three months ended June 30. According to the release, the company earned 63 cents per share in the period on revenues of $12.75 billion. The firm’s shares will open on today’s market at $41.01. Analysts following the soft drinks giant were looking for earnings per share of 63 cents from the company on quarterly revenues of $13 billion. In the same three months of 2012, The Coca-Cola Company (NYSE:KO) earned 61 cents per share on revenue of $13.1 billion. The company has underperformed the…
The Coca-Cola Company (KO)’s Q2 Profit Falls
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.