The Coca-Cola Company (NYSE: KO) reported its first quarter 2024 earnings results today.
Net revenues grew 3% year-over-year to $11.3 billion. Organic revenues grew 11%.
Net income attributable to shareowners of The Coca-Cola Company grew 2% to $3.1 billion and EPS grew 3% to $0.74 compared to last year. Comparable EPS rose 7% to $0.72.
Revenue and earnings beat expectations but the stock stayed red on Tuesday.
For full year 2024, the company expects to deliver organic revenue growth of 8-9% and comparable EPS growth of 4-5%.
The post KO Earnings: All you need to know about Coca-Cola’s Q1 2024 earnings results first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
