The Coca-Cola Company (NYSE: KO) reported its second quarter 2024 earnings results today. Net revenues grew 3% to $12.4 billion, and organic revenues grew 15% compared to the same period last year. Net income attributable to shareowners of The Coca-Cola Company decreased 5% to $2.4 billion, or $0.56 per share, versus last year. Comparable EPS […]
“The Coca-Cola Company (NYSE: KO) reported its second quarter 2024 earnings results today. Net revenues grew 3% to $12.4 billion, and organic revenues grew 15% compared to the same period last year. Net income attributable to shareowners of The Coca-Cola Company decreased 5% to $2.4 billion, or $0.56 per share, versus last year. Comparable EPS […]
· July 23, 2024
The Coca-Cola Company (NYSE: KO) reported its second quarter 2024 earnings results today.
Net revenues grew 3% to $12.4 billion, and organic revenues grew 15% compared to the same period last year.
Net income attributable to shareowners of The Coca-Cola Company decreased 5% to $2.4 billion, or $0.56 per share, versus last year. Comparable EPS grew 7% to $0.84.
The top and bottom line numbers beat expectations.
The company expects to deliver organic revenue growth of 9-10% and comparable EPS growth of 5-6% for the full year of 2024.
The stock rose over 1% in morning trade on Tuesday.
