Coca-Cola Q2 Adj. EPS $0.78 Beats $0.65 Estimate, Sales $11.97B Beat $10.56B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola reported Q2 earnings of $0.78 per share, beating the analyst consensus estimate of $0.65 by 20%. This is an 11.43% increase from the same period last year. The company also reported quarterly sales of $11.97 billion, beating the analyst consensus estimate of $10.56 billion by 13.37%. This is a 5.71% increase from the same period last year.
July 26, 2023 | 10:59 am
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POSITIVE IMPACT
Coca-Cola's Q2 earnings and sales have surpassed analyst estimates, indicating a strong financial performance.
Coca-Cola's earnings and sales for Q2 have exceeded analyst estimates, which is a positive indicator of the company's financial health. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100