CEO Neville Isdell
CEO Neville Isdell has been the chief executive officer of The Coca-Cola Co since 2004. He is 62 years old. Follow Mr. Isdell and The Coca-Cola Co in the news and blogs or share your own opinion about the company and its leadership.
Coca-Cola third-quarter profit tops by a penny
NEW YORK (Reuters) - Coca-Cola Co <KO.N> reported a third-quarter profit that topped Wall Street estimates by a penny, helped by higher sales volume and cost cuts.
The world's largest soft drink maker said on Tuesday that net income rose slightly to $1.90 billion, or 81 cents per share, from $1.89 billion, or 81 cents per share, a year earlier.
Excluding a charge, Coca-Cola earned 82 cents per share. Analysts on average were expecting 81 cents, excluding items, according to Thomson Reuters I/B/E/S.
Net operating revenue fell 4 percent to $8.04 billion.
Sales by volume rose 2 percent.
Coke's broad geographic footprint, especially in developing markets such as India and China, is helping it weather a slowdown in the United States.
The company's shares were down 0.4 percent at $54.60 in trading before the market opened.
(Reporting by Martinne Geller; Editing by Lisa Von Ahn)
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