Jim Cramer Explains Why Coca-Cola's Earnings Has No Consumer Correlation
Real Money Stock of the Day Coca-Cola posted earnings Friday morning.
Coca-Cola said adjusted earnings for the three months ending on September 27 came in at 56 cents per share, down modestly from the same period last year and in-line with analyst expectations.
Group revenues topped analysts' estimates as Coca-Cola branded drinks, including Coke Zero, notched impressive international growth rates.
"Our performance gives us confidence that our strategies are taking hold with our consumers, customers and system," said CEO James Quincey.
"We are positioning the company to create a better-shared future for all of our stakeholders by delivering on our vision and growing sustainably." Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below