Coca-Cola (KO) Q1 earnings and revenue surpasses analyst consensus expectations

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

April 30, 2024 6:56 AM EDT

Coca-Cola (NYSE: KO) reported Q1 EPS of $0.72, $0.02 better than the analyst estimate of $0.70. Revenue for the quarter came in at $11.3 billion versus the consensus estimate of $11.02 billion.

Outlook:

The 2024 outlook information provided below includes forward-looking non-GAAP financial measures,... More

US stock futures flat as tech rally cools, Fed meeting looms

April 30, 2024 5:19 AM EDT

Investing.com-- U.S. stock index futures moved little in evening deals on Monday as a rally in the technology sector appeared to be running out of steam amid dwindling hopes for interest rate cuts by the Federal Reserve.


Focus was now on a Fed meeting later in the week for more cues on policy, after a series of hot inflation readings saw traders price out most expectations for any near-term rate cuts. 


While Wall Street indexes marked some gains in the past three sessions, they were still set to clock losses for... More

Coca-Cola (KO) Said To Gear Up For IPO Of $8B African Bottling Arm - Bloomberg

April 29, 2024 12:30 PM EDT

(Updated - April 29, 2024 12:33 PM EDT)

Coca-Cola (NYSE: KO) Said To Gear Up For IPO Of $8B African Bottling Arm - Bloomberg

Gearing up for IPO of African bottling unit as soon as next year.Coca-Cola eyes dual listing of unit in... More

Coca-Cola (KO) May weekly option implied volatility into quarter results

April 29, 2024 11:10 AM EDT

Coca-Cola (NYSE: KO) May weekly call option implied volatility is at 25, May is at 16; compared to its 52-week range of 11 to 24 into the expected release of quarter results before the bell on April 30.

... More