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NYSE:AKO.B

Embotelladora Andina Q3 2024 Earnings Results & Report

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$29.41 -0.20 (-0.67%)
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Embotelladora Andina missed analyst earnings expectations but beat on revenue in its Q3 2024 results, released October 29, 2024. The company reported EPS of $0.29 versus the $0.38 consensus estimate, while revenue of $781.34 million topped the $763.93 million estimate by $17.41 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date

Embotelladora Andina EPS Results

Actual EPS
$0.29
Consensus EPS
$0.38
Beat/Miss
Missed by -$0.09
One Year Ago EPS
N/A
EPS Beat Rate
3 of last 5 quarters

Embotelladora Andina Revenue Results

Actual Revenue
$781.34 million
Expected Revenue
$763.93 million
Beat/Miss
Beat by +$17.41 million
YoY Revenue Growth
N/A

Conference Call Resources

Embotelladora Andina Q3 2024 Earnings FAQ

Embotelladora Andina (NYSE:AKO.B) reported earnings of $0.29 per share for Q3 2024, missing the consensus estimate of $0.38. The report was announced on Tuesday, October 29, 2024.

Embotelladora Andina reported revenue of $781.34 million for Q3 2024, against a consensus estimate of $763.93 million.

Embotelladora Andina Earnings Headlines

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About Embotelladora Andina

Embotelladora Andina (NYSE:AKO.B) is a beverage company headquartered in Chile and one of The Coca-Cola Company’s bottling partners in South America. The company produces, sells and distributes a broad portfolio of nonalcoholic beverages, including Coca-Cola, Sprite, Fanta, Powerade and other sparkling, still, water and sports-drink products under locally marketed brands.

Through its bottling operations, Embotelladora Andina serves customers across Chile, Argentina, Paraguay and parts of southern Brazil. Its activities include beverage manufacturing, packaging, logistics, distribution and marketing for retail stores, restaurants, supermarkets, food-service customers and other sales channels. The company also distributes selected complementary beverage products in certain markets.

Embotelladora Andina traces its origins to 1946, when it began operations in Chile. Over time, it expanded through acquisitions and franchise agreements to become a regional Coca-Cola bottler. Its shares trade on the Santiago Stock Exchange, while American depositary shares are listed in the United States under the symbols AKO.A and AKO.B.

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