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 ...

Coca-Cola reported a decline in revenues in its third-quarter earnings on Wednesday. Despite the slide, revenue was higher than analysts' expectations. A jump in sales of Coke Zero by 11% helped Coca-Cola beat expectations. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you ...

On Wednesday, Coca-Cola Company KO 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.Adjusted operating margin was 30.7% versus 29.7% in the prior year, driven by a charge of $919 million related to the remeasurement of t ...

Exhibit 99.1 News Release Coca-Cola Reports Third Quarter 2024 Results and Provides Updated Guidance Global Unit Case Volume Declined 1% Net Revenues Declined 1%; Organic Revenues (Non-GAAP) Grew 9% Operating Income Declined 23%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% Operating Margin Was 21.2% Versus 27.4% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 30.7% Versus 29.7% in the Prior Year EPS Declined 7% to $0.66; Comparable EPS (Non-GAAP) Grew 5% to $0.77 ATLANTA, ...

Coke is on track for its best annual performance in a decade.Coca-Cola (KO 0.26%) is set to deliver third-quarter 2024 earnings the morning of Oct. 23. In addition to providing an update for investors, the report will shed light on the strength of the consumer and global inflationary pressures.Here's why Coke has a lot to prove this earnings season and whether the dividend stock is a buy now. Optimistic guidanceLast quarter, Coke raised several of its full-year targets. It boosted its comparable earnings-pe ...

Coca-Cola cans are on display with the Coca-Cola logo visible in the background in this photo ... [+] illustration taken in Brussels, Belgium, on March 2, 2024. (Photo by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images Coca-Cola (NYSE: KO) will report its Q3 2024 results on Wednesday, October 23. We expect the company's revenues to come in at $11.65 billion, marginally above the consensus estimate of $11.6 billion. This would mark a year-over-year decline of about 2.5%. Earnings will likel ...