Coca-Cola Consolidated Q1 Adj $17.33 Up From $16.23 YoY, Sales $1.60B Up From $1.57B YoY
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola Consolidated reported a Q1 adjusted earnings increase to $17.33 per share from $16.23 YoY, with sales rising to $1.60B from $1.57B YoY.
May 06, 2024 | 8:41 pm
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Coca-Cola Consolidated reported a 6.78% increase in Q1 adjusted earnings per share and a 1.65% increase in sales YoY.
The reported increase in both earnings per share and sales indicates a positive performance for Coca-Cola Consolidated, likely leading to a positive short-term impact on its stock price. The growth in earnings and sales, despite being modest, reflects operational efficiency and market strength, which are key indicators of financial health and can influence investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100