NEW YORK (Reuters) - Coca-Cola Co reported a lower quarterly net profit on Tuesday, due to the absence of a one-time gain.
Net income was $1.65 billion, or 72 cents per share, in the fourth quarter for the world's largest soft-drink maker, down from $5.77 billion, or $2.46 per share, a year earlier, when the company recorded a gain related to the acquisition of its North American bottling operations.
Excluding items, earnings were 79 cents per share in the latest quarter.
(Reporting By Martinne Geller in New York; Editing by Maureen Bavdek)
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