Coca-Cola Enterprises (CCE) Raises FY10 EPS Outlook, Comments on Buybacks, Dividends Over Next 18 Months
Coca-Cola Enterprises (NYSE: CCE) raises its FY10 EPS guidance from $1.73-$1.77 to $1.78-$1.82. The Street is looking for FY10 EPS of $1.81.
Says FY11 EPS likely over prior target due to buybacks.
Expects to buyback up to $1 billion in stock over the next 18 months. The company also said it expects to pay yearly dividends of $0.50/share.... Read more
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