Coca-Cola Reports Second Quarter 2024 Results and Raises Full-Year Guidance
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Coca-Cola (KO) PT Raised to $70 at Truist Securities
July 24, 2024 4:11 PM EDTTruist Securities analyst Bill Chappell raised the price target on Coca-Cola (NYSE: KO) to $70.00 (from $65.00) while maintaining a Buy rating.
The analyst comments "This is a follow up from our note published yesterday (see note here). We are maintaining our FY24 sales... More
Coca-Cola (KO) PT Raised to $75 at Argus
July 24, 2024 2:00 PM EDTArgus analyst Christopher Graja raised the price target on Coca-Cola (NYSE: KO) to $75.00 (from $72.00) while maintaining a Buy rating.
The analyst comments " KO shares have underperformed the S&P 500 over the past quarter, rising 7% compared to gains of 10% for the index and 1% for the... More
Coca-Cola (KO) PT Raised to $68 at RBC Capital
July 24, 2024 6:30 AM EDTRBC Capital analyst Nik Modi raised the price target on Coca-Cola (NYSE: KO) to $68.00 (from $65.00) while maintaining a Outperform rating.
The analyst comments "Another strong quarter for KO, delivering top line strength, volume momentum, with high quality earnings. Back half guidance... More
Coca-Cola (KO) PT Raised to $72 at CFRA
July 23, 2024 8:25 AM EDTCFRA analyst Garrett Nelson raised the price target on Coca-Cola (NYSE: KO) to $72.00 (from $68.00) while maintaining a Buy rating.
The analyst comments "We increase our 12-month target by $4 to $72, based on a '25 P/E of 23.6x, a discount to KO's... More
Coca-Cola (KO) raises 2024 guidance, Q2 earnings and revenue tops estimates
July 23, 2024 7:12 AM EDT(Updated - July 23, 2024 8:14 AM EDT)
Coca-Cola (NYSE: KO) revealed its second-quarter 2024 earnings, surpassing analyst expectations with an adjusted EPS of $0.84, $0.04 higher than the consensus estimate of $0.80.
Revenue also exceeded forecasts, reaching $12.4 billion against the anticipated $11.77 billion. The beverage giant's stock showed a marginal decline of 0.1% following the announcement.
The company's net revenues saw a 3% increase, with organic revenues... More
Coca-Cola (KO) Tops Q2 EPS by 4c, Beats on Revenue
July 23, 2024 6:56 AM EDTCoca-Cola (NYSE: KO) reported Q2 EPS of $0.84, $0.04 better than the analyst estimate of $0.80. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $11.77 billion.
For earnings history and earnings-related data on Coca-Cola (KO) click here.
... More