Coca-Cola Releases Second Quarter Earnings ATLANTA, GA (WABE) - Atlanta-based Coca-Cola company showed earnings of $0.61 per share for the second quarter. That's down 24 percent compared to the same period a year ago.

While global revenues were up, increases in product costs offset much of those gains.

"While the growth is not where we'd like it to be, it is not unexpected giving the headwinds we faced from natural disasters including earthquakes and floods, including earthquakes and floods, as well as unseasonably cold and wet weather in certain markets," said Coke CEO Muhtar Kent.


Mexico and China proved to be strong markets, while North America was weak for Coke. As a whole, case volume was up three percent.

Meanwhile, Coke is watching Atlanta-based SunTrust Bank. SunTrust owns 44-million Coke shares, and in an effort to raise capital, the bank could sell some or all of its Coke stock.
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