Coca-Cola Stock Rises 3% as Earnings & Revenues Beat Estimates
The Coca-Cola Company (KO) has reported fourth-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. The company’s revenues and earnings per share (EPS) also improved year over year. The results have benefited from continued business momentum, aided by improved pricing across markets.Coca-Cola reported a comparable EPS of 55 cents in the fourth quarter, up 12% from the year-ago period. Comparable EPS also beat the Zacks Consensus Estimate of 51 cents. Unfavorable cur ...