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Coca-Cola's profit up even as sales disappoint
date:Oct 17, 2012
uarter. Not including one-time items, the company says it earned 51 cents per share, in line with analyst expectations.

Revenue rose 1 percent to $12.34 billion, but fell shy of Wall Street expectations of $12.4 billion. Not including the impact of currency exchange rates, revenue rose 6 percent.

For the year, the company said it expects costs for ingredients to ease.

Shares of Coca-Cola were down 23 cents to close at $37.90 Tuesday.

12/23 02:07