Reported about 11 hours ago
Coca-Cola reported first-quarter results with sales below analysts' expectations but profits surpassing forecasts, as it continues to deal with tariff uncertainties. The company's adjusted earnings per share were $0.73 on revenues of $11.1 billion, lower than anticipated. CEO James Quincey noted the challenges in developed markets but highlighted the benefit of their global presence. Coca-Cola expects the impact of global trade dynamics on costs to be manageable, and shares rose 1% post-report.
Source: YAHOO