Company News: Coca-Cola (KO) quarterly earnings match analysts' estimate

Market news

30 January 2020

Company News: Coca-Cola (KO) quarterly earnings match analysts' estimate

Coca-Cola (KO) reported Q4 FY 2019 earnings of $0.44 per share (versus $0.43 per share in Q4 FY 2018), in line with analysts' consensus estimate of $0.44 per share.

The company's quarterly revenues amounted to $9.100 bln (+28.2% y/y), beating analysts' consensus estimate of $8.878 bln.

The company also issued in-line guidance for FY 2020, projecting EPS of $2.25 versus analysts' consensus estimate of $2.26.

KO rose to $57.70 (+1.21%) in pre-market trading.

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Germany: CPI, y/y , January 1.7% (forecast 1.7%)

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