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Jim Cramer's Reaction to Coca-Cola's Earnings

Video Credit: The Street - Duration: 01:31s - Published < > Embed
Jim Cramer's Reaction to Coca-Cola's Earnings

Jim Cramer's Reaction to Coca-Cola's Earnings

Coca-Cola released earnings before the bell Thursday.

TheStreet's Martin Baccardax reported that Coca-Cola posted fourth quarter profits that were largely in-line with analysts' forecast, but noted that 2019 organic revenue growth would slow and comparable earnings would likely remain flat thanks, in part, to a stronger U.S. dollar.

Coca-Cola said earnings for the three months ending in December came in at 43 cents per share, rising 9% from the same period last year and matching the Street consensus forecast.

Group revenues, Coca-Cola said, fell 6% to $7.1 billion and narrowly beat the consensus estimate of $7.06 billion.

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