The beverage juggernaut Coca-Cola has reported first quarter profits that topped analysts’ estimates on Wednesday.
The company’s earnings per share came in at $0.45 as opposed to $0.44 as expected by Bloomberg. If an extra $0.1 dollar per share does not seem to big to you, here’s a gentle reminder that Coca-Cola’s shares have a combined net worth of over 44 billion dollars.
To provide further perspective, if you take into account every product ever sold on flipkart, the net value of it all would be over 4 billion dollars.
Another interesting fact about Coke’s profits is that they managed to out perform estimates despite a 4% fall in revenue in the first quarter.