Coca-Cola (KO) earnings Q1 2020

[ad_1]

An employee works on the production line of the Swire Coca-Cola Beverages Hubei Limited on March 24, 2020 in Wuhan, Hubei province, China.

Getty Images

Coca-Cola on Tuesday reported that the company’s global volumes have plunged 25% since the start of April. 

Shares of the company rose less than 1% in premarket trading.

Here’s what the company reported:

  • Earnings per share: 51 cents, adjusted
  • Revenue: $8.60 billion 

Excluding items, Coke earned 51 cents per share.

Net sales dropped 1% to $8.60 billion.

This is a developing story. Please check back for updates.

[ad_2]

Source link