Coca-Cola profit beats estimates, helped by smaller packages
Bloomberg Coca-Cola Co., the world’s largest soft-drink company, posted third-quarter earnings that beat analysts’ estimates, helped by new beverages like sports drinks and sales of smaller, more-profitable package sizes. Profit was 49 cents a share, excluding some items, the Atlanta-based company said in a statement on Wednesday. Analysts estimated 48 cents, on average. And while sales fell 6.9 percent ...
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