Access a Zacks stock report on BA at https://www.zacks.com/ap/BA—————Keywords: Boeing, Earnings Report, Priority Earnings Boeing is reporting second-quarter net income of $1.76 billion, after suffering a loss a year earlier. —————This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Boeing expects full-year earnings in the range of $9.80 to $10 per share, with revenue of $90.5 billion to $92.5 billion. The Chicago company had net income of $2.89 per share.
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Hershey's facebook/" target="_blank">shares rose marginally to $107.70 in premarket trading. Sales in North America, Hershey's largest market, rose 2.2 percent to $1.47 billion in the second quarter ended July 2. Hershey, the maker of Reese's Peanut Butter Cups and Hershey's Kisses, reported a higher-than-expected quarterly profit on Wednesday, helped by cost-cutting and on strong demand in the United States. Hershey also raised its quarterly dividend to 65.6 cents for its Class A shares and 59.6 cents for its Class B shares from 61.8 cents on Class A shares and 56.2 cents on Class B. Net sales rose 1.5 percent to $1.67 billion.
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Coca-Cola profit beats on demand for healthier drinks
Coca-Cola, like rival PepsiCo Inc (PEP.N), has been building its non-carbonated drinks portfolio and stepping up efforts to reduce sugar in its beverages to cope with falling demand for sugary drinks. Coca-Cola said it also saw strong demand for its non-aerated drinks such as innocent juice and smoothies in Europe. Excluding items, Coca-Cola earned 59 cents per share, beating the average analysts' estimate of 57 cents, according to Thomson Reuters I/B/E/S. Coca-Cola Co (KO.N) reported a better-than-expected profit, helped by higher demand for its healthier non-carbonated beverages as well as low and no-sugar versions of its sodas, in the company's first quarter under new Chief Executive James Quincey. "Organic revenue growth in sparkling soft drinks was led by innovation in and marketing support for our low- and no-sugar options like Coca-Cola Zero Sugar," Quincey said in a statement.Hershey's facebook/" target="_blank">shares rose marginally to $107.70 in premarket trading. Sales in North America, Hershey's largest market, rose 2.2 percent to $1.47 billion in the second quarter ended July 2. Hershey, the maker of Reese's Peanut Butter Cups and Hershey's Kisses, reported a higher-than-expected quarterly profit on Wednesday, helped by cost-cutting and on strong demand in the United States. Hershey also raised its quarterly dividend to 65.6 cents for its Class A shares and 59.6 cents for its Class B shares from 61.8 cents on Class A shares and 56.2 cents on Class B. Net sales rose 1.5 percent to $1.67 billion.
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