Tuesday, February 11, 2025
HomeFinanceBusinessCoca-Cola (KO) Q4 2024 earnings | Global News Avenue

Coca-Cola (KO) Q4 2024 earnings | Global News Avenue

Coca-Cola CEO James Quincey spoke on January 22, 2025 at CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland.

Gerry Miller | CNBC

Coca Cola Its fourth-quarter earnings are expected to be reported on Tuesday’s bell.

According to an LSEG survey of analysts, Wall Street expects the company to report the company’s reports:

  • Earnings per share: Expected 52 cents
  • income: Estimated to be $10.68 billion

Analysts expect beverage giants to report quarterly sales down 2.5%. Like many consumer companies, Coca-Cola has seen many shoppers become more sensitive, although premium brands such as Fairlife and Topo Chico are still reporting strong growth.

Coca-Cola’s outing business has been hit as consumers spend less in restaurants, which often means buying burgers without soda, or trading in smaller volumes. McDonald’sthis is Coca-Cola’s biggest customer Report on Monday Its quarterly same-store sales fell the biggest quarter since the league’s pandemic on the 19th.

Coca-Cola will provide its full 2025 outlook when reporting fourth-quarter revenue, although the company already expects currency exchange rate changes to hurt its performance. The company will predict a headwind of low-unit numbers to earn comparable revenue, while a headwind of mid-digits is earnings per share.

Over the past year, Coca-Cola’s stock price has risen 7%, increasing its market capitalization to about $275 billion.

Don’t miss these insights from CNBC Pro

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments