Coca-Cola Q2 2024 Adj EPS $0.84 Beats $0.81 Estimate, Sales $12.400B Beat $11.753B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola (NYSE:KO) reported Q2 2024 earnings of $0.84 per share, beating the analyst estimate of $0.81. The company also reported sales of $12.4 billion, surpassing the $11.753 billion estimate. This represents a 3.58% increase over the same period last year.
July 23, 2024 | 10:55 am
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Coca-Cola reported Q2 2024 earnings of $0.84 per share, beating the analyst estimate of $0.81. The company also reported sales of $12.4 billion, surpassing the $11.753 billion estimate. This represents a 3.58% increase over the same period last year.
Coca-Cola's better-than-expected earnings and revenue figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates indicates strong performance and investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100