Coca-Cola Q3 2024 Adj. EPS $0.77 Beats $0.74 Estimate, Sales $11.900B Beat $11.598B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola's Q3 2024 earnings per share of $0.77 surpassed the expected $0.74, and sales of $11.9 billion exceeded the forecasted $11.598 billion. Despite beating estimates, sales slightly decreased by 0.44% compared to the same period last year.
October 23, 2024 | 10:55 am
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Coca-Cola's Q3 2024 earnings exceeded expectations with an EPS of $0.77 and sales of $11.9 billion, despite a slight year-over-year sales decline.
Coca-Cola's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the slight year-over-year sales decline may temper some investor enthusiasm.
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