Coca-Cola Sees FY24 Organic Revenue Growth of 9-10%, Sees FY24 Comparable EPS Growth To Face 8-9% Currency Headwind
Portfolio Pulse from Bill Haddad
Coca-Cola projects a 9-10% growth in organic revenue for FY24, but expects an 8-9% currency headwind to impact comparable EPS growth.
July 23, 2024 | 10:57 am
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Coca-Cola anticipates a 9-10% increase in organic revenue for FY24, but expects an 8-9% currency headwind to impact comparable EPS growth.
While the projected organic revenue growth is positive, the expected currency headwind on EPS growth could neutralize the overall impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100