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Tuesday April 19, 07:49
Coca-Cola first-quarter profit fell 11%
(by Peter Van Bruggen)

Coca-Cola first-quarter profit fell 11% Coca-Cola Co., the world’s largest soft-drink maker, reported on Tuesday that its first-quarter profit fell 11%.

Profit fell to $1 billion, or 42 cents a share, from $1.13 billion, or 46 cents, last year. Excluding one-time items, Coca-Cola earned $1.12 billion, or 47 cents a share. Analysts were expecting 43 cents a share.

Revenue rose 3.7% to $5.27 billion.
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