Key TakeawaysCoca-Cola exceeded second-quarter profit and sales estimates and increased its guidance as unit volume and prices rose.Sales were up 20% year-over-year in Latin America, 10% in North America, and 7% in the Europe, Middle East & Africa region. They fell 4% in the Asia Pacific region.Coca-Cola boosted its full-year outlook for comparable EPS and organic revenue growth. Shares of Coca-Cola (KO) advanced Tuesday as the world’s biggest soft-drink maker posted better-than-expected results and raised ...

Blue chip Coca-Cola Co (NYSE:KO) reported better-than-expected earnings and revenue for the second quarter, and lifted both its full-year sales and profit outlook thanks to strong demand. KO is 1.6% higher to trade at $65.78 at last check, and earlier scored a fresh two-year high of $66.04. The shares are consolidating above the $64.50 level, which previously acted as resistance, and also conquered 20-day moving average earlier this month. In the last nine months, the security added 18.2%.At the Internation ...

Coca-Cola TodayKOCoca-Cola$65.77 +1.00 (+1.54%) 52-Week Range$51.55▼$66.04Dividend Yield2.95%P/E Ratio26.31Price Target$70.00Add to WatchlistCoca-Cola Company NYSE: KO struggled with FX conversion in Q2 but navigated difficult times with aplomb, setting its stock up to move higher and set a new all-time high. The critical details are that price, mix, and timing of sales offset the weaknesses, paving the way for a guidance increase. The guidance expects another 100 basis points of top-line growth and a widen ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Coca-Cola (KO) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this world's largest beverage maker would post earnings of $0.69 per share when it actually produced earnings of $0.72, delivering a surprise of 4.35%.Over the last four quarters, th ...

Coca-Cola raised its annual organic sales and profit forecasts on Tuesday, signaling consumers are willing to spend more for the beverage giant's higher-priced sodas, energy drinks and juices mainly in international markets. The company's shares rose nearly 1% in premarket trading as the company also posted a surprise increase in quarterly revenue.Coca-Cola has been foraying into newer regions in Asia and Europe to keep its revenue growth intact and launching reformulated versions of its drinks such as Coke ...

Exhibit 99.1 Coca-Cola Reports Second Quarter 2024 Results and Raises Full-Year Guidance Global Unit Case Volume Grew 2% Net Revenues Grew 3%; Organic Revenues (Non-GAAP) Grew 15% Operating Income Grew 10%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 18% Operating Margin Was 21.3% Versus 20.1% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 32.8% Versus 31.6% in the Prior Year EPS Declined 5% to $0.56; Comparable EPS (Non-GAAP) Grew 7% to $0.84 ATLANTA, July 23, 2024 – The Coc ...

Coca-Cola beverages are offered for sale in Chicago on April 30, 2024.Coca-Cola is expected to report its second-quarter earnings before the bell on Tuesday.Here is what Wall Street analysts surveyed by LSEG are expecting:Earnings per share: 81 cents expectedRevenue: $11.76 billion expectedEarlier this month, rival PepsiCo narrowed its revenue outlook for the full year, citing the weakening U.S. consumer as demand for its snacks fell. But Wall Street is more confident in Coke, which has outperformed its pee ...

Coca-Cola truck in Washington, DC in the United States of America on July 9th, 2024. (Photo by Beata ... [+] Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty ImagesCoca-Cola (NYSE: KO) will report its Q2 2024 results on Tuesday, July 23. We expect the company’s revenues to come in at $11.8 billion, marginally above the consensus estimate of $11.75 billion. This would mark year-over-year growth of about 0.4%. Earnings will likely come in at about $0.82 on a per-share and adjusted basis, slightly above th ...

Loading...Loading...Coca-Cola Co KO is reporting its second-quarter earnings on Tuesday. Wall Street expects 80 cents in EPS and $11.8 billion in revenues as the company reports before market hours.The stock is up 4.80% over the past year, 9.62% YTD.Let’s look at what the charts indicate for Coca-Cola stock, and how the stock currently maps against Wall Street estimates.Coca-Cola Stock Bullish Ahead Of Q2 Earnings Coca-Cola’s current trend is bullish, with slight buying pressure supporting the stock. Chart ...