Tuesday, April 17, 2007

UPDATE 1-Coca-Cola reports higher first-quarter profit

(Reuters) - NEW YORK, April 17 - Coca-Cola Co. , the world's largest beverage company, on Tuesday reported higher quarterly profit that beat Wall Street estimates as strength in emerging markets overshadowed weakness in North America.

Net income for the first quarter ended March 30 rose 14 percent to $1.26 billion, or 54 cents per share, from $1.11 billion, or 47 cents per share, a year earlier.


Read more at Reuters.com Market News

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