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Coca-Cola (KO) has better than expected fourth quarter

Coca-Cola fourth quarter 2009 earningsAtlanta based soft drink giant Coca-Cola (NYSE: KO) got its chance to impress investor's this morning with its fourth quarter earnings, and it did not disappoint. While the company did see profit falling by 18% in the quarter, its bottom line was better than analysts had predicted.

As Steven Mallas noted in his Coca-Cola earnings preview yesterday, analysts had been expecting to see 61 cents per share for the quarter, but the actual number was a bit higher, with a reported 64 cents a share.

Continue reading Coca-Cola (KO) has better than expected fourth quarter

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Last updated: February 12, 2012: 05:39 PM

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