But the company topped earnings estimates, sending shares up nearly 2% in morning trading.
Here’s what the company reported for the quarter ended Sept. 25 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: 55 cents, adjusted, vs. 46 cents expected
- Revenue: $8.65 billion vs. $8.36 billion expected
Coke reported third-quarter net income of $1.74 billion, or 40 cents per share, down from $2.59 billion, or 60 cents per share, a year earlier.
Excluding asset impairments, severance…