Investing.com - Coca-Cola Enterprises reported fourth-quarter earnings that were broadly in line with market expectations, it announced early Thursday.
Earlier in the day, in its fourth quarter earnings report, Coca Cola said earnings per share came in at USD0.44, compared to expectations for earnings of USD0.44 per share.
The beverage giant’s fourth quarter revenue totaled USD1.92 billion, broadly in line market expectations.
The company reaffirmed its forecast for 2013 and added that it will buy back USD1.5 billion worth of shares.
Following the release of the report, CCE shares dipped 0.5% in pre-market trade.
The outlook for U.S. equity markets steady. The Dow Jones Industrial Average futures pointed to a flat open, S&P 500 futures were little changed, while the Nasdaq 100 futures indicated a gain of 0.1% at the open.
Earlier in the day, in its fourth quarter earnings report, Coca Cola said earnings per share came in at USD0.44, compared to expectations for earnings of USD0.44 per share.
The beverage giant’s fourth quarter revenue totaled USD1.92 billion, broadly in line market expectations.
The company reaffirmed its forecast for 2013 and added that it will buy back USD1.5 billion worth of shares.
Following the release of the report, CCE shares dipped 0.5% in pre-market trade.
The outlook for U.S. equity markets steady. The Dow Jones Industrial Average futures pointed to a flat open, S&P 500 futures were little changed, while the Nasdaq 100 futures indicated a gain of 0.1% at the open.