Coca-Cola Fizzes Past Views Even As Diet Coke Sinks

Coca-Cola (KO) bubbled past Wall Street views Wednesday as the beverage giant hiked drink prices. Demand for Diet Coke continued to decline. Comparable earnings dipped a little less than 2% to 63 cents, 3 cents over consensus estimates. Coke reported EPS of 71 cents, helped by gains related to the closing of its purchase of a nearly 17% stake in Monster Beverage (MNST). Revenue edged down 3.1% to $12.16 billion, slightly above forecasts for $12.06

What feeling does this article give you?

#hashtags to follow:

Coca [+]    Cola [+]    Wall Street [+]    EPS [+]    Monster Beverage [+]    MNST [+]   

More #news: