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Coca-Cola Beats On Income, Misses On Revenue

The Coca-Cola Co. (NYSE:KO) beat analysts’ estimates for net income in the second quarter when it posted earnings on Wednesday. The company reported that net income rose to $3.45 billion, or 79 cents a share, for the quarter. That compared with earnings of $3.11 billion, or 71 cents a share, in the year-ago period. Excluding certain one time items, Coke said it earned 60 cents a share, beating analysts’ estimates of 58 cents a share, according to Thomson Reuters. Coke has surpassed Wall Street’s expectations for six straight quarters... 
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