Coca-Cola earnings, revenue beat expectations, cane sugar soda to hit U.S. fall market


NEW YORK, July 22 (Xinhua) -- The Coca-Cola Company reported stronger-than-expected second-quarter (Q2) earnings and revenue Tuesday, as robust demand in Europe helped offset weaker sales volumes in other regions.

The company posted net income of 3.81 billion U.S. dollars, or 88 cents per share, up from 2.41 billion dollars or 56 cents per share a year ago. Excluding one-time charges and restructuring costs, adjusted earnings came in at 87 cents per share in Q2, topping analyst expectations of 83 cents, according to London Stock Exchange Group data.

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