Top
image credit: Pixabay

Coca-Cola shares jump 3% after earnings beat

April 23, 2019

Via: CNBC

Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations.

Shares of the company jumped 3% in premarket trading.

“We’re encouraged by our first quarter results as our disciplined growth strategies continue to deliver strong underlying performance,” Coca-Cola CEO James Quincey said in a statement.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

Read More on CNBC