The Coca-Cola Company Q3 adjusted earnings Beat Estimates

(RTTNews) - The Coca-Cola Company (KO) released earnings for its third quarter that climbed from last year.

The company's bottom line totaled $2.47 billion, or $0.57 per share. This compares with $1.74 billion, or $0.40 per share, in last year's third quarter.

Excluding items, The Coca-Cola Company reported adjusted earnings of $2.82 billion or $0.65 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.1% to $10.04 billion from $8.65 billion last year.

The Coca-Cola Company earnings at a glance:

-Earnings (Q3): $2.82 Bln. vs. $2.38 Bln. last year. -EPS (Q3): $0.65 vs. $0.55 last year. -Analysts Estimate: $0.58 -Revenue (Q3): $10.04 Bln vs. $8.65 Bln last year.