Coca-Cola Q4 2023 Adj. EPS $0.49, Inline
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola (NYSE:KO) reported its Q4 2023 earnings with an adjusted EPS of $0.49, meeting the analyst consensus estimate.
February 13, 2024 | 11:55 am
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Coca-Cola reported its Q4 2023 earnings with an adjusted EPS of $0.49, which was in line with analyst expectations.
Meeting analyst expectations generally leads to a neutral short-term impact on stock price as the market has likely already priced in the anticipated results. Since Coca-Cola's earnings were exactly as expected, there's no new positive or negative surprise to significantly move the stock in the short term.
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