- $KO (+2,3%)
(NYSE: KO) reported fourth quarter earnings per share (EPS) of $0.55, $0.03 better than the analyst estimate of $0.52.
- Revenue for the quarter totaled $11.5 billion versus the consensus estimate of $10.7 billion.
Full year 2024 results
- Global sales volumes increased by 2% in the quarter and 1% for the full year
- Net sales increased by 6% in the quarter and 3% for the full year; organic sales (non-GAAP) increased by 14% in the quarter and 12% for the full year
- Operating income increased 19% in the quarter and decreased 12% for the full year; comparable non-GAAP operating income at constant currency increased 22% in the quarter and 16% for the full year.
- Earnings per share (EPS) increased 12% to USD 0.51 in the fourth quarter
- Comparable earnings per share (non-GAAP) increased 12% to USD 0.55
- Earnings per share for the full year fell slightly to USD 2.46; comparable earnings per share (non-GAAP) rose by 7% to USD 2.88
- Cash flow from operating activities for the full year amounted to USD 6.8 billion, a decrease of 41 %
- Free cash flow (non-GAAP) for the full year amounted to USD 4.7 billion, a decrease of 51
- Free cash flow excluding the IRS tax dispute deposit (non-GAAP) was USD 10.8 billion for the full year, an increase of 11%
