Diamond Member Pelican Press 0 Posted February 11, 2025 Diamond Member Share Posted February 11, 2025 This is the hidden content, please Sign In or Sign Up Coca-Cola (KO) Q4 2024 earnings James Quincey, CEO of Coca-Cola, speaking on CNBC’s “Squawk Box” outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Coca-Cola is expected to report its fourth-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting the company to report, based on a survey of analysts by LSEG: Earnings per share: 52 cents expectedRevenue: $10.68 billion expected Analysts are expecting the beverage giant to report a 2.5% decline in quarterly sales. Like many consumer companies, Coca-Cola has seen many shoppers become more price sensitive, although premium brands such as Fairlife and Topo Chico have still been reporting strong growth. Coca-Cola’s away-from-home business has taken a hit as consumers spend less at restaurants, which can often mean buying a burger without the soda or trading down to a smaller drink size. McDonald’s, which is Coca-Cola’s largest customer, reported on Monday the steepest drop in its quarterly U.S. same-store sales since the Covid-19 pandemic. Coca-Cola will provide its full 2025 This is the hidden content, please Sign In or Sign Up when it reports fourth-quarter earnings, although the company is already expecting currency exchange rate changes to hurt its results. The company is projecting a low-single-digit headwind for comparable revenue and a mid-single-digit headwind for earnings per share. Shares of Coca-Cola have risen 7% over the past year, raising its market cap to roughly $275 billion. Don’t miss these insights from CNBC PRO This is the hidden content, please Sign In or Sign Up #CocaCola #earnings This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/214767-coca-cola-ko-q4-2024-earnings/ Share on other sites More sharing options...
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