These three passive income powerhouses are great options for risk-averse investors. Coca-Cola (KO -0.56%), PepsiCo (PEP -0.21%), and Procter & Gamble (PG -0.83%) are three well-known consumer-facing companies. They are also Dividend Kings, meaning they have paid and raised their dividends for at least 50 consecutive years. All three companies reported earnings within the last month. In those reports and earnings calls, they discussed a similar challenge that has been affecting their sales. Here's what you n ...

Coca-Cola Company KO shares are trading lower on Thursday. Yesterday, the company reported a third-quarter 2024 sales decline of 1% year-on-year to $11.9 billion, beating the analyst consensus estimate of $11.59 billion. Revenue performance included a 10% growth in price/mix and a 2% decline in concentrate sales. Concentrate sales were 1 point behind unit case volume, primarily due to the timing of concentrate shipments. Analysts covering Coca-Cola Company provided their takes: BofA Securities analyst Bryan ...

A double beat on third-quarter earnings wasn't good enough for the market.Like a can of soda going flat, there was little fizz in Coca-Cola (KO -2.07%) stock on Wednesday. Investors traded out of it on news of third-quarter results, sending the share price down to close in excess of 2%. Even the lethargic S&P 500 index did better, closing barely over 1% below Tuesday's level.Slight beats in the third quarterIn the quarter, Coca-Cola booked net revenue of $11.9 billion, which was 1% down from the same period ...

The Coca-Cola Company (KO) has reported third-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. The company’s earnings per share (EPS) rose year over year while sales declined. The results benefited from continued business momentum, aided by improved pricing across markets. Following the results, KO has revised its view for 2024 and provided its outlook for 2025.Coca-Cola has reported comparable EPS of 77 cents in the third quarter, up 5% from the year-ago period ...

The Coca-Cola Company (NYSE:KO) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Steve Powers - Deutsche Bank Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bryan Spillane - Bank of America Chris Carey - Wells Fargo Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Andrea Teixeira - JPMorgan Kaumil Gajrawala - Jefferies Robert Ottenstei ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Key Takeaways Coca-Cola reported a drop in unit case volumes, offsetting better-than-anticipated adjusted profit and sales figures. Concentrate shipments declined by 2% year-over-year because of a timing of shipments. Price/mix was up 10%, boosted by regions with high inflation. Coca-Cola (KO) shares lost ground Wednesday as a surprise drop in unit case volumes offset better-than-expected results at the world's biggest soft drink maker. The company reported third-quarter unit case volumes were down 1% year- ...

Coca-Cola (KO) reported $11.85 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.8%. EPS of $0.77 for the same period compares to $0.74 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $11.61 billion, representing a surprise of +2.08%. The company delivered an EPS surprise of +4.05%, with the consensus EPS estimate being $0.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee (IOC) at the SwissTech Convention Centre in Lausanne, on June 24, 2019.Coca-Cola CEO James Quincey said the company doesn't expect an E. coli outbreak linked to McDonald's to hurt the beverage company's sales."When one looks at what's in the media so far, in terms of th ...

Coca-Cola (KO) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.05%. A quarter ago, it was expected that this world's largest beverage maker would post earnings of $0.80 per share when it actually produced earnings of $0.84, delivering a surprise of 5%.Over the last four quarters, th ...