Coca Cola (KO) Reports In-Line Q4 EPS, Revenue Tops Views
Coca Cola (NYSE: KO) reported Q4 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.36 billion.
- Volume: Total unit case volume was even for the quarter and full year. Developing and emerging markets generated positive volume growth for the second consecutive quarter, including volume growth in Brazil. While volume growth in developed markets overall was even during the quarter, North America volume grew 1%.
Full Year 2018 Underlying Performance:
- Approximately 4% growth in organic revenues (non-GAAP)
- 8% to 9% growth in comparable currency neutral operating income (structurally adjusted) (non-GAAP)
For earnings history and earnings-related data on Coca Cola (KO) click here.
