30.04.2024 13:00:45 - dpa-AFX: The Coca-Cola Company Q1 Profit Increases, beats estimates

ATLANTA (dpa-AFX) - The Coca-Cola Company (KO) released earnings for its
first quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $3.18 billion, or $0.74 per share. This
compares with $3.11 billion, or $0.72 per share, in last year's first quarter.

Excluding items, The Coca-Cola Company reported adjusted earnings of $3.12
billion or $0.72 per share for the period.

Analysts on average had expected the company to earn $0.65 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.9% to $11.30 billion from $10.98
billion last year.

The Coca-Cola Company earnings at a glance (GAAP) :

-Earnings (Q1): $3.18 Bln. vs. $3.11 Bln. last year.
-EPS (Q1): $0.74 vs. $0.72 last year.
-Revenue (Q1): $11.30 Bln vs. $10.98 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
COCA-COLA CO. DL-,25 850663 Xetra 58,510 17.05.24 13:31:07 -0,050 -0,09% 58,400 58,510 58,260 58,560

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