Coca-Cola Q2 Adj. EPS $0.78 Beats $0.65 Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola (NYSE:KO) reported Q2 earnings of $0.78 per share, beating the analyst consensus estimate of $0.65 by 20 percent. This represents an 11.43 percent increase over earnings of $0.70 per share from the same period last year.
July 26, 2023 | 10:58 am
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Coca-Cola's Q2 earnings beat analyst estimates by 20%, which could positively impact its stock price in the short term.
Coca-Cola's earnings beat the analyst consensus estimate by a significant margin, which is typically a positive signal for the stock. Investors often react positively to earnings beats, which can drive the stock price up in the short term.
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