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Tag: cents

Coca-Cola expects coronavirus could hit first-quarter earnings by up to 2 cents

Coca-Cola said Friday that the COVID-19 outbreak could drag down its first-quarter earnings by as much as 2 cents. The global beverage giant is forecasting that the virus will hit its quarterly earnings by 1 cent to 2 cents, unit case volume by 2% to 3% and organic revenue by 1% to 2%. Despite the …

Coca-Cola expects coronavirus could hit first-quarter earnings by up to 2 centsRead More