Coca-Cola KO reported second-quarter earnings of 63 cents per share, which beat the analyst consensus estimate of 61 cents by 3.28%. This is a 3.28% increase over earnings of 61 cents per share from the same period last year.
The company reported quarterly sales of $10 billion, which beat the analyst consensus estimate of $9.84 billion by 1.63%. This is a 12.32% increase over sales of $8.903 billion the same period last year.
“Our strategy to transform as a total beverage company has allowed us to continue to win in a growing and vibrant industry,” said James Quincey, CEO of Coca-Cola. “Our progress is positioning the company to create more value for all of our stakeholders, including our shareowners.”
Coca-Cola shares were trading up 2.69% at $52.60 during Tuesday’s pre-market session. The stock has a 52-week high of $52.47 and a 52-week low of $44.25.
Related Links:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
