Coca-Cola Q4 Sales $10.8B Beat $10.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola (NYSE:KO) reported Q4 earnings of $0.49 per share, meeting analyst estimates, with sales of $10.80 billion, exceeding the $10.67 billion estimate by 1.18% and marking a 6.67% increase from the previous year.
February 13, 2024 | 11:56 am
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Coca-Cola reported Q4 earnings per share of $0.49, aligning with expectations, and sales of $10.80 billion, surpassing the $10.67 billion forecast by 1.18% and showing a 6.67% increase year-over-year.
Coca-Cola's Q4 earnings report showing sales exceeding estimates and a significant year-over-year growth is likely to positively impact investor sentiment and the stock price in the short term. The alignment of earnings per share with analyst expectations further solidifies the company's financial stability and growth trajectory, making it an attractive asset for investors.
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