earnings
confidence high
sentiment neutral
materiality 0.75
Coca-Cola Q4 comparable EPS $0.45 (-5%), revenue $9.5B (+10%); FY comparable EPS $2.32 (+19%)
COCA COLA CO
2021-FY EPS reported
$2.25
revenue$38,655,000,000
- Q4 net revenue $9.5B (+10%), FY $38.7B (+17%); organic revenue +9% Q4, +16% FY.
- Q4 comparable EPS $0.45 (-5%), GAAP $0.56 (+65%); FY comparable EPS $2.32 (+19%), GAAP $2.25 (+26%).
- Q4 operating income -28%, FY +15%; operating margin compressed due to marketing investments and fewer days.
- FY cash from ops $12.6B (+28%), free cash flow $11.3B (+30%).
- Acquired remaining 85% of BODYARMOR; named WPP as global marketing partner; new 25% reusable packaging target by 2030.