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Coca-Cola Bottler Posts Gains

Stock quotes in this article: CCE , PEP , PBG , PAS  

Coca-Cola Enterprises(CCE Quote), Coca-Cola's bottling division, reported a huge gain in first-quarter profit and forecast a better-than-expected full-year outlook, sending shares up in afternoon trading.

Earnings during the quarter reached $61 million, or 13 cents a share, from $8 million, or 2 cents, in the first quarter of last year.

Excluding one-time items, earnings were 20 cents a share. Analysts were expecting a profit of 5 cents. ...

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