Coca-Cola (NYSE: KO) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 23rd October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
Wall Street financial analysts are foreseeing that the firm is likely to announce an estimated per share $0.74 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $11.6 billion during the quarter.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.74, attributed to the company's total revenue of $11.95 billion.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $46.01 billion. Furthermore, they are predicting profit of $2.85 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.84 | +7.7% | 12.36 B | +3.3% |
| Q1 2024 | $0.72 | +5.9% | 11.30 B | +2.9% |
| Q4 2023 | $0.49 | +8.9% | 10.85 B | +7.2% |
| Q3 2023 | $0.74 | +7.2% | 11.95 B | +8.0% |
| Q2 2023 | $0.78 | +11.4% | 11.97 B | +5.7% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
During the trading day, Coca-Cola (KO) shares reached a low of $69.31 and a high of $70.33, along with a total volume of 11.81 million shares. The stock ended the regular trading session at $69.45, indicating fall of 1.41 percent.