Coca-Cola (KO) PT Lowered to $76 at BNP Paribas Exane, Remains Top Pick in Beverages

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Go back to Coca-Cola (KO) PT Lowered to $76 at BNP Paribas Exane, Remains Top Pick in Beverages

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

October 23, 2024 6:55 AM EDT

Global Unit Case Volume Declined 1%

Net Revenues Declined 1%;
Organic Revenues (Non-GAAP) Grew 9%

Operating Income Declined 23%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14%

Operating Margin Was 21.2% Versus 27.4% in the Prior Year;
Comparable Operating Margin (Non-GAAP) Was 30.7% Versus 29.7% in the Prior Year

EPS Declined 7% to $0.66; Comparable EPS (Non-GAAP) Grew 5% to $0.77

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported third quarter 2024 results. Our business continues to demonstrate resilience in the face of a dynamic external environment, said James Quincey, Chairman... More