Coca-Cola (KO) Tops on Q1 Earnings & Revenues, Raises View

The Coca-Cola Company (KO) has reported first-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year. The company’s results have benefited from its continued business momentum. Backed by the strong results, KO has raised its view for 2024.Comparable earnings of 72 cents per share rose 7% from the year-ago period and beat the Zacks Consensus Estimate of 69 cents. Unfavorable currency translations hurt comparable earnings by 9 percentage point ...