Coca-Cola Profit Tops Analysts’ Estimates as U.S. Gains
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Coca-Cola Co., the world’s largest soft-drink maker, reported first-quarter profit that topped analysts’ estimates, helped by pricing increases and demand in North America.
Net income rose 7.9 percent to $2.05 billion, or 89 cents a share, from $1.9 billion, or 82 cents, a year earlier, Atlanta-based Coca-Cola said today in a statement. Analysts projected 87 cents, the average of 14 estimates compiled by Bloomberg.