Coca-Cola Q3 Non-GAAP EPS $0.74 Beats $0.65 Estimate, Revenues $12.00B Beat $10.79B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola reported Q3 earnings of $0.74 per share, beating the analyst consensus estimate of $0.65 by 13.85%. This is a 7.25% increase from the same period last year. The company also reported quarterly sales of $12.00 billion, beating the analyst consensus estimate of $10.79 billion by 11.21%. This is an 8.47% increase from the same period last year.
October 24, 2023 | 10:56 am
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Coca-Cola's Q3 earnings and sales beat analyst estimates, showing a YoY increase of 7.25% and 8.47% respectively.
Coca-Cola's better-than-expected Q3 earnings and sales indicate a strong financial performance, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
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