Coca-Cola will shift to using more plastic bottles instead of aluminum if the latest wave of tariffs from President Trump take effect. Coke CEO James Quincey said the company imports some aluminum from Canada, but the tariff won't have a huge impact on Coke's multibillion dollar U.S. business.
Coca-Cola Co (NYSE:KO) stock is 4.2% higher at $67.26 at last glance, following the company's stronger-than-expected fourth-quarter earnings report.
While the top- and bottom-line numbers for Coca-Cola (KO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Coca-Cola (KO) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.49 per share a year ago.
Beverage giant Coca-Cola (KO 1.11%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 11, that topped analysts' consensus estimates. Adjusted earnings per share (EPS) of $0.55 beat the $0.52 estimate and rose 12.2% year over year.
Coca-Cola Company KO shares are trading higher following better-than-expected fourth-quarter earnings results.
Coca-Cola's stock is leading the Dow's early gainers after another earnings beat, fueled by a return to unit case volume growth and continued price hikes.
CNBC's Joe Kernen reports on the company's quarterly earnings results.
Coca-Cola beat Wall Street estimates for fourth-quarter profit and revenue on Tuesday, helped by resilient demand for its sodas and juices and higher prices, sending its shares up 3% premarket.
Shares of Coke have risen 7% over the past year, raising its market cap to $275 billion. Analysts are expecting the beverage giant to report a 2.5% decline in its quarterly sales.
Coca-Cola (NYSE:KO) is set to release its fourth-quarter earnings on Tuesday before the market opens, with Wall Street analysts expecting a 6% rise in earnings per share to 52 cents. However, revenue is projected to decline 2.5% year-over-year to $10.68 billion.
Consensus estimates expect Coke to print $0.52 in EPS, $10.68 billion in revenue and $2.67 billion in operating income, for expected y-o-y growth of +6%, -2% and +5%. Coca-Cola could be up $5 after reporting earnings tomorrow morning, so this article isn't any kind of recommendation or suggestion on buying or holding or selling the shares. Part of the weakness in cash flow from ops, could be the lack of any healthy secular growth in the majority of its product lines, but James Quincey has been trying to remedy that.