Coca Cola outperforms profit estimates - News - Dukascopy Bank

Wed, 08 Feb 2012 10:54:30 GMT
Source: Bloomberg
 
© Scanpix/AFP
Coca-Cola the world's biggest soft-drink producer, reported higher than expected 4th quarter profit as juices and teas stimulated sales in Asia. Profits totalled 79 US cents per share compared to 77 cents a share predicted by analysts. Coca Cola shares gained 1.3% on the announcement. Company's stocks advanced 6.4% in 2011. 


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