Company news: Coca-Cola’s (KO) quarterly results beat analysts’ expectations

Coca-Cola (KO) reported Q2 FY2024 earnings of $0.84 per share (versus $0.78 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.81 per share.

The company’s quarterly revenues amounted to $12.400 bln (+3.3% y/y), beating analysts’ consensus estimate of $11.776 bln.

The company also issued in-line guidance for FY2024, seeing EPS of $2.82-2.85 versus analysts’ consensus estimate of $2.82.

KO rose to $65.80 (+1.59%) in pre-market trading.