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Q2 Profits

All articles tagged with #q2 profits

business6 months ago•2 min saved

Coca-Cola Surpasses Earnings Expectations Despite Global Sales Challenges

Coca-Cola's Q2 profits exceeded estimates despite sales falling short, with adjusted earnings per share beating expectations and revenue slightly below forecasts. The company plans to launch a new U.S. cane sugar-sweetened product this fall, aiming to diversify its portfolio amid ongoing tariff impacts and market challenges.

via Yahoo Finance|

#business #cane-sugar #cocacola

finance1 year ago•1 min saved

"Bank of America Shares Surge Despite Q2 Profit Drop Amid High Rates"

Bank of America's Q2 profits fell to $6.9 billion from $7.4 billion a year earlier due to higher interest rates impacting expenses, particularly in its consumer banking division. However, increased activity in its investment banking division helped offset some of the losses. The bank's total revenue rose slightly to $25.4 billion, and its shares rallied 5.2% in morning trading.

via ABC News|

#bank-of-america #consumer-banking #finance