Coca-Cola offered a strong end-of-year outlook, but it hinges on its customers not seeing past its mirage. Transcript: Conway Gittens: The bond market is dictating action in the stock market.
A double beat on third-quarter earnings wasn't good enough for the market.
Coca-Cola (KO) shares are under pressure after the company's earnings beat was overshadowed by declining volume as price increases take a toll on consumer demand. Citi US beverages and HPC lead analyst Filippo Falorni joins Seana Smith and Madison Mills on Catalysts to discuss Coca-Cola's quarterly results and why he is bullish on the beverage company's stock.
Coca-Cola offered a strong end-of-year outlook, but it hinges on its customers not seeing past its mirage. Transcript: Conway Gittens: The bond market is dictating action in the stock market.
KO's Q3 results reflect gains from higher pricing across inflationary markets, offset by lower concentrate sales and adverse currency rates.
Coca-Cola stock is lower Wednesday even after the soft drink maker reported better-than-expected Q3 earnings and revenue. Here's what Wall Street has to say.
The Coca-Cola Company (NYSE:KO ) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Steve Powers - Deutsche Bank Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bryan Spillane - Bank of America Chris Carey - Wells Fargo Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Andrea Teixeira - JPMorgan Kaumil Gajrawala - Jefferies Robert Ottenstein - Evercore Charlie Higgs - Redburn Bill Chappell - Truist Securities Kevin Grundy - BNP Paribas Robert Moskow - TD Cowen Carlos Laboy - HSBC Operator At this time, I'd like to welcome everyone to The Coca-Cola Company's Third Quarter 2024 Earnings Results Conference Call. Today's call is being recorded.
The Coca-Cola Company (NYSE:KO) reported better-than-expected financial results for the third quarter driven by higher prices. Adjusted earnings per share (EPS) was up 5% at $0.77, topping expectations of $0.74.
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.
Coca-Cola CFO John Murphy discusses the company's third-quarter earnings, pricing and the outlook for demand. Speaking on "Bloomberg Open Interest," Murphy also says the company is open to M&A opportunities.
James Quincey, Coca Cola chairman and CEO, joins 'Squawk on the Street' to discuss how Quincey would describe demand for Coca Cola's products, the company's unit case volume, and much more.
The headline numbers for Coca-Cola (KO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.