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

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

Coca-Cola (KO) PT Raised to $77 at Jefferies

October 24, 2024 6:13 AM EDT

(Updated - October 24, 2024 6:14 AM EDT)

Jefferies analyst Kaumil Gajrawala raised the price target on Coca-Cola (NYSE: KO) to $77.00 (from $73.00) while maintaining a Hold rating.

The analyst commented: "Solid Q3 with organic and EPS topping expectations. The business is in good shape. Pricing is... More

Coca-Cola (KO) PT Lowered to $76 at Morgan Stanley

October 23, 2024 4:22 PM EDT

Morgan Stanley analyst Dara Mohsenian lowered the price target on Coca-Cola (NYSE: KO) to $76.00 (from $78.00) while maintaining a Overweight rating.

The analyst comments "We are OW KO, with another strong OSG result in Q3 confirming Coke will land at a higher OSG pace... More

Coca-Cola (KO) PT Lowered to $70 at CFRA

October 23, 2024 9:02 AM EDT

CFRA analyst Garrett Nelson lowered the price target on Coca-Cola (NYSE: KO) to $70.00 (from $72.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month price target by $2 to $70, based on a '25 P/E of 23.0x, a discount... More

Coca-Cola eyes top-end of 2024 sales view on resilient soda demand in US

October 23, 2024 7:01 AM EDT

By Ananya Mariam Rajesh

(Reuters) -Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in third-quarter sales on Wednesday.

Shares of the Sprite and Fanta maker, however, fell 2% as CEO James Quincey flagged decline in volumes in China and the Middle East.

Demand in China has taken a hit from a slow post-pandemic economic recovery caused largely by a protracted... More

Coca-Cola (KO) Tops Q3 EPS by 2c; offers guidance

October 23, 2024 6:57 AM EDT

Coca-Cola (NYSE: KO) reported Q3 EPS of $0.77, $0.02 better than the analyst estimate of $0.75. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.63 billion.

The company expects to deliver organic revenue (non-GAAP) growth of approximately 10%, which consists of operating performance at the high end of the companys long-term growth model and the anticipated pricing impact of a number of markets experiencing intense inflation. Updated

For comparable net revenues (non-GAAP), the company expects an approximate 5% currency headwind based on the current rates and including the impact of hedged positions. Comparable EPS... More

Coca cola is about to report earnings. Here’s what to watch

October 23, 2024 3:00 AM EDT

Coca-Cola is set to release its earnings report today, with the results expected before the market opens.

Analysts from Evercore ISI, are watching closely for several key factors that could influence how the company's performance shapes up.

While Coca-Cola has had strong earnings in the first half of the year, with solid results in both the first quarter and the second quarter, the outlook for the third quarter may be less robust due to several macroeconomic pressures.

In 3Q, we expect 5.7% organic sales growth vs. Street 6.6%, said... More

Coca cola is about to report earnings. Here’s what to watch

October 23, 2024 3:00 AM EDT

Coca-Cola is set to release its earnings report today, with the results expected before the market opens.

Analysts from Evercore ISI, are watching closely for several key factors that could influence how the company's performance shapes up.

While Coca-Cola has had strong earnings in the first half of the year, with solid results in both the first quarter and the second quarter, the outlook for the third quarter may be less robust due to several macroeconomic pressures.

In 3Q, we expect 5.7% organic sales growth vs. Street 6.6%, said... More

Coca-Cola (KO) call put ratio 2.3 calls to 1 put with focus on October 25 weekly calls into quarter results

October 22, 2024 11:10 AM EDT

Coca-Cola (NYSE: KO) October 25 weekly call option implied volatility is at 35, November is at 21; compared to its 52-week range of 10 to 21 into the expected release of quarter results before the bell on October 23.

... More

Coca-Cola (KO) call put ratio 1.4 calls to 1 put into quarter results

October 22, 2024 5:15 AM EDT

Coca-Cola (NYSE: KO) October 25 weekly 69 straddle priced for a move of 2.5% into the expected release of quarter results before the bell on October 23.

... More