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%.