Coca-Cola (KO) Estimates Cut at Jefferies Following Soft Q2
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Coca-Cola (KO) Reaction to Q2 Results Could be Muted, Says Analyst
July 22, 2014 9:24 AM EDTGoldman Sachs maintained a Neutral rating on Coca-Cola (NYSE: KO) with a price target of $43. Comments follow Q2 results. Analyst Judy E. Hong expects a muted reaction in the stock.
"We expect relatively muted stock reaction. Volume and price growth was generally in line with... More
Coca-Cola Co. (KO) Tops Q2 EPS by 1c; Sees Unfavorable Impact in H214 EPS
July 22, 2014 7:35 AM EDTCoca-Cola Co. (NYSE: KO) reported Q2 EPS of $0.64, $0.01 better than the analyst estimate of $0.63. Revenue for the quarter came in at $12.57 billion versus the consensus estimate of $12.82 billion.
Highlights:
-- Global unit case volume grew 3% in the quarter and 2% year to date. Coca-Cola International volume grew 3% in the quarter while North America volume was even.
-- Sparkling volume and brand Coca-Cola volume accelerated in North America, Eurasia and Africa, Europe and Asia Pacific in the quarter.
-- Global... More
