Coca Cola (KO) Tops Q1 EPS by 2c; Provides FY19 Growth Outlook

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Coca-Cola Reports Solid Operating Results in First Quarter; Remains Confident in Full Year Guidance

April 23, 2019 6:55 AM EDT

Net Revenues Grew 5% in First Quarter; Organic Revenues (Non-GAAP) Grew 6%, Including a 2% Benefit from Timing

Operating Income Grew 29%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 16%

Operating Margin was 29.1%; Comparable Operating Margin (Non-GAAP) was 30.5%, Including the Impact from Currency Headwinds and Acquisitions

EPS from Continuing Operations Grew 24% to $0.38; Comparable EPS from Continuing Operations (Non-GAAP) Grew 2% to $0.48, Impacted by 11% Currency Headwind and a 2 Cent Benefit from Timing

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported a solid start to 2019, with continued momentum that included... More