Coca-Cola European Partners met profit forecasts and missed revenue forecasts for the quarter

by time news

Coca-Cola European Partners (NASDAQ: CCEP) released its financial statements for the fourth quarter, in which it met expectations and revenues that missed analysts’ expectations.

The company reported earnings per share of €0.69 and revenues of €4.13B. Investing.com analysts expected earnings per share of €0.69 and revenue of €4.23B.

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Coca-Cola European Partners’ share price has risen 1% since the beginning of the year, and is now still 2.54% below its 52-week high of €57.63 set on January 17.

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