Coca-Cola Reports First Quarter 2021 Results

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Wells Fargo Reiterates Overweight Rating on Coca-Cola (KO)

April 20, 2021 7:12 AM EDT

Wells Fargo analyst Chris Carey reiterated an Overweight rating and $62.00 price target on Coca-Cola (NYSE: KO) following the company's 1Q report. also announcing plans to seek an IPO for Coca-Cola Beverages Africa (CCBA) within the next 18 months, a potentially significant step in completing... More

Coca Cola (KO) Tops Q1 EPS by 5c

April 19, 2021 6:56 AM EDT

Coca Cola (NYSE: KO) reported Q1 EPS of $0.55, $0.05 better than the analyst estimate of $0.50. Revenue for the quarter came in at $9 billion versus the consensus estimate of $8.61 billion.

Full Year 2021 Outlook

The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. No Change

For comparable net revenues (non-GAAP), the company expects a 1% to... More