The Coca-Cola Company (NYSE: KO) reported third-quarter 2020 financial results before the opening bell on Thursday. The beverage giant reported a 9% fall in Q3 revenues to $8.7 billion, beating the Wall Street consensus. Earnings of $0.55 per share were also stronger than what analysts had anticipated.
KO shares gained 1.7% immediately following the announcement. The stock has fallen 9% since the beginning of this year.
Last week, rival PepsiCo (NASDAQ: PEP) had reported better-than-expected results on continued strength in the snacks business.
Prior performance
Most Popular
Earnings: Citigroup (C) Q1 profit rises on higher revenues, beats estimates
Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected revenue and earnings for the first quarter of 2025. Both revenues and net income increased year-over-year. In the March quarter, net profit was
Bank of America (BAC) Q1 2025 Earnings: Key financials and quarterly highlights
Bank of America (NYSE: BAC) reported its first quarter 2025 earnings results today. Revenue, net of interest expense, was $27.4 billion, up 6% year-over-year, driven by non-interest income growth across
What to expect when Philip Morris (PM) reports Q1 2025 earnings results
Shares of Philip Morris International Inc. (NYSE: PM) were up over 2% on Monday. The stock has gained 33% over the past three months. The tobacco company is scheduled to
