Coca-Cola Tops Q4 Estimates, Demand Up
Coca-Cola showcased its ability to boost earnings despite challenges, with a robust Q4 2024 performance led by product and distribution strategies.
Beverage giant Coca-Cola (NYSE:KO) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 11, that topped analysts' consensus estimates. Adjusted earnings per share (EPS) of $0.55 beat the $0.52 estimate and rose 12.2% year over year. Net revenue in Q4 hit $11.54 billion, exceeding the $10.68 billion estimate.
Overall, Coca-Cola demonstrated resilient performance, buoyed by strategic brand management and distribution expansion even as it wrestled with foreign currency exchange fluctuations.
Source: Coca-Cola. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = Percentage points.
