Coca-Cola European FY Adj EPS $3.99 Up From $3.57 YoY, Sales $19.70B Up From $18.26B YoY
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola European (CCEP) reported an 11.85% increase in adjusted EPS to $3.99 from $3.57 YoY and a 7.89% increase in sales to $19.70B from $18.26B YoY.
February 23, 2024 | 7:17 am
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POSITIVE IMPACT
Coca-Cola European (CCEP) reported a significant increase in both adjusted EPS and sales year-over-year.
The reported increase in both EPS and sales indicates a strong financial performance by Coca-Cola European, which is likely to positively impact investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100