Coca-Cola Consolidated Q2 Adj $18.54 Up From $13.02 YoY, Sales $1.79B Up From $1.74B YoY
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola Consolidated (NASDAQ:COKE) reported a significant increase in Q2 earnings per share (EPS) to $18.54, up 42.4% from $13.02 YoY. Sales also rose to $1.79 billion, a 3.22% increase from $1.74 billion YoY.
July 31, 2024 | 8:17 pm
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Coca-Cola Consolidated reported a 42.4% YoY increase in Q2 EPS to $18.54 and a 3.22% increase in sales to $1.79 billion. This strong performance is likely to positively impact the stock price in the short term.
The significant YoY increase in both EPS and sales indicates strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100