RTTNews | Jul 21, 2021 07:02AM EDT

07:01 Wednesday, July 21, 2021 (RTTNews.com) - The Coca-Cola Company (KO) revealed a profit for its second quarter that advanced from the same period last year.

The company's earnings came in at $2.64 billion, or $0.61 per share. This compares with $1.78 billion, or $0.41 per share, in last year's second quarter.

Excluding items, The Coca-Cola Company reported adjusted earnings of $2.93 billion or $0.68 per share for the period.

Analysts had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 41.7% to $10.13 billion from $7.15 billion last year.

The Coca-Cola Company earnings at a glance:

-Earnings (Q2): $2.93 Bln. vs. $1.82 Bln. last year.-EPS (Q2): $0.68 vs. $0.42 last year.-Analysts Estimate: $0.55-Revenue (Q2): $10.13 Bln vs. $7.15 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3210592/the-coca-cola-company-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved