Coca-Cola Consolidated Q4 Adj $13.39 Down From $13.54 YoY, Sales $1.63B Up From $1.57B YoY
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola Consolidated reported a slight decrease in Q4 adjusted earnings per share from $13.54 last year to $13.39 this year, while sales increased from $1.57 billion to $1.63 billion YoY.
February 21, 2024 | 9:53 pm
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Coca-Cola Consolidated's Q4 earnings per share slightly decreased to $13.39 from $13.54 YoY, but sales grew to $1.63 billion from $1.57 billion.
The slight decrease in earnings per share might concern some investors, but the increase in sales indicates growth and could offset concerns about profitability. The mixed results present a neutral short-term outlook for COKE's stock price.
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