The Coca-Cola Company (NYSE:KO ) Q4 2024 Earnings Conference Call February 11, 2025 8:30 PM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Steve Powers - Deutsche Bank Filippo Falorni - Citi Bonnie Herzog - Goldman Sachs Kaumil Gajrawala - Jefferies Robert Ottenstein - Evercore Chris Carey - Wells Fargo Andrea Teixeira - JPMorgan Peter Grom - UBS Charlie Higgs - Redburn Atlantic Bill Chappell - Truist Securities Robert Moskow - TD Cowen Michael Lavery - Piper Sandler Operator At this time, I would like to welcome everyone to the Coca-Cola Company's Fourth Quarter and Full Year 2024 Earnings Results Conference Call. Today's call is being recorded.
The Coca-Cola Company (NYSE:KO) shares moved higher after the beverage giant posted better-than-expected financial results for the fourth quarter. Sales of $11.5 billion were far higher than the $10.7 billion expected by analysts and represented 6% year-over-year growth.
Coca-Cola (KO) surpassed fourth quarter estimates, driven by higher prices and steady demand. The company expects a 5-6% organic revenue growth for the year, as shares are up nearly 4% premarket for the stock.
James Quincey, Coca-Cola CEO, joins 'Money Movers' to discuss the company's earnings beat, U.S. growth and the state of the consumer.
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.