Coca-Cola (KO) Tops Q1 EPS by 2c

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Coca-Cola Reports First Quarter 2024 Results and Provides Updated Guidance

April 30, 2024 6:55 AM EDT

Global Unit Case Volume Grew 1%

Net Revenues Grew 3%;
Organic Revenues (Non-GAAP) Grew 11%

Operating Income Declined 36%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 13%

Operating Margin Was 18.9% Versus 30.7% in the Prior Year;
Comparable Operating Margin (Non-GAAP) Was 32.4% Versus 31.8% in the Prior Year

EPS Grew 3% to $0.74; Comparable EPS (Non-GAAP) Grew 7% to $0.72

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported first quarter 2024 results. Were encouraged by our start to 2024, delivering another quarter of volume, topline and earnings growth amidst a... More