Coca-Cola Co reports results for the quarter ended March 31 - Earnings Summary

Reuters
29 Apr
Coca-Cola Co reports results for the quarter ended March 31 - Earnings Summary
  • Coca-Cola Co KO.N reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 70 cents to 73 cents per share.

  • Revenue fell 0.1% to $11.22 billion from a year ago; analysts expected $11.14 billion.

  • Coca-Cola Co's reported EPS for the quarter was 77 cents​.

  • The company reported quarterly net income of $3.33 billion.

  • Coca-Cola Co shares had risen by 0.2% this quarter and gained 15.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

  • In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-alcoholic beverages peer group is also "buy"

  • Wall Street's median 12-month price target for Coca-Cola Co is $78.00

This summary was machine generated from LSEG data April 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2025

0.71

0.73

Beat

Dec. 31 2024

0.52

0.55

Beat

Sep. 30 2024

0.74

0.77

Beat

Jun. 30 2024

0.81

0.84

Beat

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