Coca-Cola Profit Dips, Beats View

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The Coca-Cola Co. reported Tuesday a 28 percent drop in fourth-quarter profit, but beat Wall Street expectations when certain one-time items are excluded.


Excluding one-time items, Atlanta-based Coca-Cola said it earned $1.08 billion (46 cents a share) in the quarter. Analysts were expecting earnings of 45 cents a share.


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