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- Company news: Coca-Cola (KO) quarterly results beat analysts’ forecasts
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30.04.2024
Company news: Coca-Cola (KO) quarterly results beat analysts’ forecasts
Coca-Cola (KO) reported Q1 FY2024 earnings of $0.72 per share (versus $0.68 per share in Q1 FY2023), beating analysts’ consensus estimate of $0.70 per share.
The company’s quarterly revenues amounted to $11.300 bln (+2.7% y/y), beating analysts’ consensus estimate of $11.007 bln.
The company also issued in-line guidance for FY2024, seeing EPS of $2.80-$2.82 versus analysts’ consensus estimate of $2.81.
KO fell to $61.22 (-1.32%) in pre-market trading.
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