Coca-Cola (KO) to Release Quarterly Earnings on Tuesday

Coca-Cola (NYSE:KO - Get Free Report) will likely be releasing its Q4 2024 earnings data before the market opens on Tuesday, February 11th. Analysts expect Coca-Cola to post earnings of $0.51 per share and revenue of $10.70 billion for the quarter. Coca-Cola has set its FY 2025 guidance at 2.940-2.970 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Coca-Cola (NYSE:KO - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04. Coca-Cola had a net margin of 22.45% and a return on equity of 44.01%. On average, analysts expect Coca-Cola to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Coca-Cola Stock Up 1.7 %

Shares of NYSE KO traded up $1.13 on Wednesday, reaching $68.73. 26,004,520 shares of the company's stock traded hands, compared to its average volume of 16,459,250. The business's 50 day simple moving average is $62.63 and its two-hundred day simple moving average is $66.32. Coca-Cola has a 12 month low of $57.93 and a 12 month high of $73.53. The company has a market cap of $296.08 billion, a price-to-earnings ratio of 28.40, a price-to-earnings-growth ratio of 3.55 and a beta of 0.61. The company has a quick ratio of 0.90, a current ratio of 1.06 and a debt-to-equity ratio of 1.53.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on KO. Morgan Stanley lifted their price objective on Coca-Cola from $76.00 to $78.00 and gave the company an "overweight" rating in a research note on Wednesday. UBS Group lifted their price target on Coca-Cola from $72.00 to $78.00 and gave the stock a "buy" rating in a research report on Wednesday. Wells Fargo & Company raised their price objective on shares of Coca-Cola from $70.00 to $75.00 and gave the company an "overweight" rating in a research note on Wednesday. JPMorgan Chase & Co. dropped their target price on shares of Coca-Cola from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $69.00 price target on shares of Coca-Cola in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Coca-Cola presently has an average rating of "Moderate Buy" and a consensus price target of $73.31.

About Coca-Cola

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.