Coca Cola (KO) Tops Q2 EPS by 2c, Updates Guidance

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Go back to Coca Cola (KO) Tops Q2 EPS by 2c, Updates Guidance

Coca-Cola Reports Continued Momentum in Second Quarter; Updates Full Year Guidance

July 23, 2019 6:55 AM EDT

Net Revenues Grew 6%; Organic Revenues (Non-GAAP) Grew 6%

Operating Income Grew 8%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14%

Operating Margin Was 29.9%; Comparable Operating Margin (Non-GAAP) Was 30.3%, Including the Impact from Currency Headwinds and Acquisitions

EPS Grew 12% to $0.61; Comparable EPS (Non-GAAP) Grew 4% to $0.63, Despite a 9% Currency Headwind

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported strong operating results in the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved execution in the marketplace. Reported net revenues and organic revenues... More