KO Earnings Prediction
The chart below shows how KO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KO sees a -2.79% change in stock price 10 days leading up to the earnings, and a +0.07% change 10 days following the report. On the earnings day itself, the stock moves by +0.63%. This data can give you a slight idea of what to expect for the next quarter's release.
KO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.85B
-0.83%
-4.12%
Gross Margin
60.65%
-0.59%
-0.66%
Operating Margin
29.98%
-1.15%
-7.33%
Net Margin
24.04%
-6.79%
23.79%
EPS
0.66
-7.04%
17.86%
No Data Available
KO Earnings Analysis
Coca-Cola Company Corporation (KO.N) Earnings Conference Call
Positive
Strong Organic Revenue Growth: Organic revenues grew by 9% in the third quarter, demonstrating strong performance despite challenges.
Earnings Per Share Growth: The company achieved a 5% year-over-year increase in comparable earnings per share, reflecting effective cost management and operational efficiency.
Trademark Volume Growth: Coca-Cola trademark volume grew significantly, contributing to overall revenue growth and market share gains in key segments.
Strong Cash Flow: The company reported a robust cash flow of approximately $7.6 billion, indicating strong financial health and liquidity.
Coca-Cola Zero Sugar Growth: Coca-Cola Zero Sugar saw a remarkable growth rate of 11%, highlighting successful product innovation and consumer engagement.
Negative
Quarterly Volume Decline: Volume declined 1% in the quarter driven by a slow start in July.
Unit Case Performance: Unit cases declined 1% having had a poor July, but improving sequentially thereafter during the quarter.
Concentrate Sales Performance: Concentrate sales were 1 point behind unit cases for the quarter, driven primarily by the timing of concentrate shipments.
Price/Mix Growth Analysis: Our price/mix growth of 10% was driven by two items, approximately 7 points of pricing split somewhat evenly between normal pricing actions across our markets and intense inflationary pricing in a handful of markets experiencing currency devaluations, and approximately 3 points of mix across the markets, which was primarily driven by stronger growth in several developed markets versus developing and emerging markets.
IRS Tax Deposit: During the quarter, we made a $6 billion deposit with the IRS related to our ongoing tax dispute.
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KO Earning Call Sentiment
The Coca-Cola Company (KO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
KO.N
3.15%Positive
The earnings call summary reveals strong financial performance with 9% organic revenue growth and improved margins. Updated guidance suggests further growth, with organic revenue expected to grow by 10% in 2024. The Q&A section highlights management's confidence in overcoming challenges and sustaining growth, despite some regional and commodity price volatility concerns. The positive outlook on shareholder returns and strategic adjustments in pricing and mix further support a positive sentiment. While some uncertainties remain, the overall sentiment is optimistic, suggesting a likely stock price increase of 2% to 8% over the next two weeks.