Coca-Cola Sees FY23 Comparable EPS Growth 5-6%, Free Cash Flow ~$9.5B
Portfolio Pulse from Bill Haddad
Coca-Cola has projected its FY23 comparable EPS growth to be between 5-6%, with a free cash flow of approximately $9.5 billion.
July 26, 2023 | 10:59 am
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POSITIVE IMPACT
Coca-Cola's projected FY23 comparable EPS growth of 5-6% and free cash flow of ~$9.5B could potentially boost investor confidence and positively impact the company's stock price.
Coca-Cola's projected EPS growth and strong cash flow for FY23 indicate a positive financial outlook for the company. This could potentially attract more investors, leading to an increase in demand for the company's stock and subsequently, a rise in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100