earnings
confidence high
sentiment neutral
materiality 0.75
Coca-Cola Q2 2022: net revenue $11.3B (+12%), GAAP EPS -28% to $0.44, comparable EPS +4% to $0.70
COCA COLA CO
2022-Q2 EPS reported
$1.08
revenue$21,816,000,000
- Net revenues $11.3B (+12% reported, +16% organic); unit case volume +8% globally.
- GAAP operating income -22%, GAAP EPS $0.44 (-28%); comparable operating margin 30.7% vs 31.7% prior year.
- Comparable EPS (non-GAAP) $0.70 (+4%), impacted by 9-point currency headwind.
- Cash flow from operations $4.5B YTD (-$1.0B YoY); free cash flow $4.1B.
- Gained value share in NARTD; expanded Coke Studio globally; refranchised Cambodia/Vietnam bottling to Swire.