Beverages giant Coca-Cola Co. (KO) reported a rise in its first quarter 2012 net income attributable to shareowners of the company to $2.05 billion from $1.90 billion, with reported GAAP earnings per share improving to $0.89 from $0.82 in the earlier year quarter. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $0.87 for the quarter. Analysts' estimates typically exclude one-time items.
Items affecting comparability had no net impact on first quarter 2012 reported earnings per share and reduced last year's reported earnings per share by $0.04 per share, the company said.
Quarterly net operating revenues totaled $11.14 billion, up 6% from $10.52 billion, as adjusted, a year ago. Both reported and comparable net revenue for the recent quarter grew 6%, helped by a 3% rise in concentrate sales, positive price/mix of 3%, driven mainly by positive pricing, and a 1% positive impact due to structural change. Eleven analysts estimated revenues of $10.83 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.