Earnings roundup: Coca-Cola, Ford, Boeing earnings exceed forecasts
Investing.com
Published Jul 26, 2017 09:13AM ET
Investing.com - Coca-Cola, Ford and Boeing posted June quarter earnings that exceeded analyst forecasts.
(NYSE:Coca-Cola) reported comparable second-quarter earnings per share of $0.59 against a forecast of $0.57.
Net revenues declined 16% to $9.70 billion reflecting bottling operations divestitures and currency exchange factors.
But that still beat an estimate of revenues of $9.65 billion.
(NYSE:Boeing) reported EPS in the quarter of $2.55, compared with a forecast of $2.30.
However, revenues came in below forecast at $22.74 billlion.
The aircraft manufacturer raised its guidance for full-year EPS to $9.80-$10.00 from $9.20-$9.40.
(NYSE:Ford) booked second-quarter adjusted EPS of $0.56, compared with a forecast of $0.43.
Revenues were $39.85 billion against a forecast of $37.08 billion.
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Written By: Investing.com
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