Dow member Coca-Cola Co's (NYSE:KO) fourth-quarter earnings came in line with estimates, while revenue beat expectations amid higher prices and strong demand. The shares are up 1.2% at $60.41 at last check, with support from the 60-day moving average in place after a rally earlier this month lost steam at the $61 level. Coca-Cola stock shed 5.9% in the last nine months, but sports a small year-to-date lead.Call volume is today running at 11 times the intraday average, with 27,000 calls traded so far, compar ...

After reporting its fourth-quarter earnings that have beaten analysts’ estimates and posting high expectations for the next year, one of the largest stock assets held by Warren Buffett is looking at massive price increases and profits for the famous investor and Berkshire Hathaway (NYSE: BRK.A) CEO.Specifically, the stocks of Coca-Cola (NYSE: KO) might be looking at recovery in their price following a positive earnings report for the final quarter of 2023, which included higher-than-expected revenue of $10. ...

Key PointsThe Coca-Cola Company had a solid quarter, outperforming PepsiCo, and gave favorable guidance.The stock was trading below the analysts' lowest price target, offering a deep value for income investors.The 3% yield may not last long as this stock moves higher on analysts' support and valuation. 5 stocks we like better than Coca-ColaThe long-running debate of whether the Coca-Cola Company NYSE: KO or PepsiCo NASDAQ: PEP is the better stock is ongoing, but it looks like Coke is the better buy today. T ...

Key TakeawaysCoca-Cola reported better-than-expected sales in Q4 2023.Sales grew 7% from a year ago to $10.85 billion, driven by higher prices.Adjusted earnings per share of 49 cents met analyst expectations.The company expects to grow its organic revenue by 6%-7% and adjusted EPS by 4%-5% in 2024.The Coca-Cola Company (KO) handily beat analyst estimates for sales in the fourth quarter. The company's shares rose roughly 1% in pre-market trading Tuesday.Net income for the quarter fell about 3% from a year ag ...

Coca-Cola (KO) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.08%. 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 $0.74, delivering a surprise of 7.25%.Over the last four quarters, ...

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Shares of Coca-Cola Co. KO, +0.24% edged up 0.4% in premarket trading after the beverage giant reported fourth-quarter profit that was in line with expectations, while revenue got a boost from increases in both price and volume. Net income slipped to $1.97 billion, or 46 cents a share, from $2.03 billion, or 47 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 49 cents matched the FactSet consensus. Revenue grew 7.2% to $10.85 billion, to beat the FactSet c ...

Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023.Coca-Cola is expected to report its fourth-quarter earnings before the bell Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 49 cents expectedRevenue: $10.68 billion expectedInvestors are expecting another strong quarter from Coke. Like many other food and beverage companies, Coke has seen demand for its products drop after it raised prices.But the beverag ...

Two of the most successful companies in U.S. history are centered around beverage products. Of course, I’m talking about Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP). The two firms’ sodas have become well-known and popular in much of the world, with KO, in particular, becoming quite ubiquitous globally. As a result of these trends, the market capitalizations of Coca-Cola and Pepsi are a huge $257 billion and $240 billion, respectively. But other U.S. beverage firms have also been successful. For example, th ...

Investors are always looking for stocks that are poised to beat at earnings season and The Coca-Cola Company (KO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Coca-Cola is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...