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Empresas y finanzas

Coca-Cola third-quarter profit tops by a penny


    NEW YORK (Reuters) - Coca-Cola Co 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)