Coca-Cola Europacific Stock (NASDAQ: CCEP)

Coca-Cola Europacific Stock (NASDAQ:CCEP), Trade Ideas

Coca-Cola Europacific

Coca-Cola European

CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.

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Coca-Cola European Partners plc Ordinary Shares

CCEP

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LCID

SPLK

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Earnings

Large Cap

Guidance

ABOIF

Coca-Cola Europacific Partners PLC (NASDAQ: CCEP) and Aboitiz Equity Ventures Inc (OTC: ABOIF) inked a letter of intent to jointly acquire Coca-Cola Beverages Philippines from The Coca-Cola Company (NYSE: 

Bottler CCEP Proposes Joint Acquisition Of Coca-Cola&#39;s Philippines Business For $1.8B

Earnings Misses

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Analyst Ratings

Coca-Cola Europacific Partners plc (NYSE: CCEP) is one of a six-pack of ways to invest in classic beverage maker Coke — and a darn good one at that. 

The &#39;Other&#39; Coke Stock Quietly Hits A Record High

Coca-Cola Europacific Partners plc - Ordinary Shares

Coca-Cola Europacific Partners PLC

WIIM

Universal Logistics Holdings shares are trading higher after the company reported better-than-expected Q1 financial results.

Ameris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABCB#NASDAQ">ABCB</a>) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $1.04 by 5.77 percent. This is a 27.91 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $267.266 million which beat the analyst consensus estimate of $258.046 million by 3.57 percent. This is a 0.16 percent decrease over sales of $267.702 million the same period last year.

Earnings Beats

ABCB

Ameris Q1 2024 Adj EPS $1.10 Beats $1.04 Estimate, Sales $267.266M Beat $258.046M Estimate

MidWestOne Financial Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOFG#NASDAQ">MOFG</a>) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.36 by 41.67 percent. This is a 133.33 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $34.731 million which beat the analyst consensus estimate of $34.585 million by 0.42 percent. This is a 13.34 percent decrease over sales of $40.076 million the same period last year.

MOFG

MidWestOne Financial Gr Q1 2024 GAAP EPS $0.21 Misses $0.36 Estimate, Sales $34.731M Beat $34.585M Estimate

Biotech

General

INMB

INmune Bio Says Remains On Track In Line With Prior Guidance To Complete Its Phase 2 Clinical Trial Involving The Use Of XPro For The Treatment Of Alzheimer's Disease In Patients With Biomarkers Of Neuroinflammation

Eastman Chemical Affirms FY2024 Adj EPS Guidance $7.25-$8.00 Vs $7.66 Est

Universal Logistics Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULH#NASDAQ">ULH</a>) reported quarterly earnings of $1.99 per share which beat the analyst consensus estimate of $0.73 by 172.6 percent. The company reported quarterly sales of $491.907 million which beat the analyst consensus estimate of $416.500 million by 18.10 percent. This is a 12.46 percent increase over sales of $437.396 million the same period last year.

Universal Logistics Hldgs Q1 2024 GAAP EPS $1.99 Beats $0.73 Estimate, Sales $491.907M Beat $416.500M Estimate

ARMOUR Residential REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARR#NYSE">ARR</a>) reported quarterly earnings of $0.82 per share which missed the analyst consensus estimate of $0.97 by 15.46 percent. This is a 39.26 percent decrease over earnings of $1.35 per share from the same period last year. The company reported quarterly sales of $5.30 million which missed the analyst consensus estimate of $65.82 million by 91.95 percent. This is a 55.83 percent decrease over sales of $12.00 million the same period last year.

ARMOUR Residential REIT Q1 Adj $0.82 Misses $0.97 Estimate, Sales $5.30M Miss $65.82M Estimate

Offerings

MTEM

Molecular Templates Inc Files For Shelf Of Up To 11.01M Shares Of Common Stock By Selling Stockholders

Rogers Sees Q2 Adj. EPS $0.50-$0.70, Net Sales $210M-$220M

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Cryptocurrency

MARA

Marathon Digital Holdings Increases 2024 Hash Rate Target To 50 Exahash

South Plains Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPFI#NASDAQ">SPFI</a>) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.57 by 12.28 percent. This is a 20.75 percent increase over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $46.777 million which beat the analyst consensus estimate of $45.472 million by 2.87 percent. This is a 3.94 percent increase over sales of $45.006 million the same period last year.

SPFI

South Plains Financial Q1 2024 GAAP EPS $0.64 Beats $0.57 Estimate, Sales $46.777M Beat $45.472M Estimate

World Kinect (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WKC#NYSE">WKC</a>) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.49 by 4.08 percent. This is a 30.56 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $10.951 billion which missed the analyst consensus estimate of $11.753 billion by 6.83 percent. This is a 12.27 percent decrease over sales of $12.482 billion the same period last year.

World Kinect Q1 2024 Adj EPS $0.47 Misses $0.49 Estimate, Sales $10.951B Miss $11.753B Estimate

CUBE

CubeSmart Sees 2024 Adj. FFO $2.59-$2.69

FTAI Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.33 by 6.06 percent. This is a 40.91 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $326.694 million which beat the analyst consensus estimate of $301.520 million by 8.35 percent. This is a 11.61 percent increase over sales of $292.718 million the same period last year.

FTAI

FTAI Aviation Q1 2024 GAAP EPS $0.31 Misses $0.33 Estimate, Sales $326.694M Beat $301.520M Estimate

SPSC

SPS Commerce shares are trading higher after the company reported better-than-expected Q1 financial results.

Vesta Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) reported quarterly earnings of $0.05 per share. This is a 4.55 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $60.600 million which beat the analyst consensus estimate of $58.743 million by 3.16 percent. This is a 21.44 percent increase over sales of $49.900 million the same period last year.

VTMX

Vesta Real Estate Q1 2024 FFO $0.05 Up From $0.04 YoY, Sales $60.600M Beat $58.743M Estimate

COLM

Columbia Sportswear shares are trading higher after the company reported better-than-expected Q1 financial results and issued FY24 EPS guidance.

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) reported quarterly earnings of $1.26 per share which beat the analyst consensus estimate of $0.97 by 29.9 percent. This is a 15.44 percent decrease over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $128.090 million which missed the analyst consensus estimate of $128.647 million by 0.43 percent. This is a 25.68 percent decrease over sales of $172.344 million the same period last year.

BELFB

Bel Fuse Q1 2024 Adj EPS $1.26 Beats $0.97 Estimate, Sales $128.090M Miss $128.647M Estimate

Boyd Gaming shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results.

Midland States Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSBI#NASDAQ">MSBI</a>) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.73 by 27.4 percent. This is a 39.77 percent decrease over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $77.107 million which beat the analyst consensus estimate of $74.930 million by 2.91 percent. This is a 1.08 percent increase over sales of $76.283 million the same period last year.

MSBI

Midland States Bancorp Q1 2024 Adj EPS $0.53 Misses $0.73 Estimate, Sales $77.107M Beat $74.930M Estimate

My Top 15 High Growth Dividend Stocks For April 2024

Coca-Cola Europacific Partners Plc (CCEP) has released an update. Coca-Cola Europacific Partners Plc has reported several key updates, including a ...

Coca-Cola Europacific Partners Reports Key Updates

In a report released on April 5, Richard Withagen from Kepler Capital maintained a Hold rating on Coca-Cola Europacific Partners (CCEP – Research R...

Kepler Capital  Sticks to Their Hold Rating for Coca-Cola Europacific Partners (CCEP)

Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola Europacific Partners (CCEP – Research Report) today and set a price target o...

Barclays Sticks to Its Buy Rating for Coca-Cola Europacific Partners (CCEP)

Coca-Cola Europacific Partners Plc (CCEP) has released an update. Coca-Cola Europacific Partners Plc has disclosed initial notifications of stock a...

Coca-Cola Europacific Executives Buy Shares

Coca-Cola Europacific Partners Plc (CCEP) has released an update. Coca-Cola Europacific Partners Plc has announced a series of share transactions b...

Coca-Cola Europacific Executives Trade Company Shares

Coca-Cola European Partners declares EUR 0.74 dividend

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Coca-Cola Europacific Partners (CCEP – Research Report) and M...

Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Coca-Cola Europacific Partners (CCEP) and Monster Beverage (MNST)

Coca-Cola Europacific Partners Plc (CCEP) has released an update. Coca-Cola Europacific Partners reports a positive start to 2024 with solid volume...

Coca-Cola Europacific Partners Optimistic on 2024 Outlook

Coca-Cola Europacific Partners Plc (CCEP) has released an update. Coca-Cola Europacific Partners Plc (CCEP) reported a trading update for Q1 2024, ...