Coca-Cola Icecek reports 2011 earnings of 140.3M liras, down 29% from year-ago period and below analyst estimates of 154M liras

LOS ANGELES , March 29, 2012 () – According to a statement made to the Istanbul Stock Exchange, Coca-Cola Icecek reported 2011 net earnings of 140.3 million liras (US$79 million), down 29% from the year-ago period, Bloomberg reported March 29.

According to the average of 18 analyst estimates compiled by Bloomberg, Coca-Cola Icecek was expected to report earnings of 154 million liras.

The primary source of this article is Bloomberg, New York, New York, on March 29, 2012.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.