earnings
confidence high
sentiment positive
materiality 0.80
Coca-Cola Q2 EPS $0.78 comparable, revenue $12.0B, organic growth 11%, raises FY guidance
COCA COLA CO
2023-Q2 EPS reported
$1.30
revenue$22,952,000,000
- Comparable EPS $0.78 (up 11%); GAAP EPS $0.59 (up 34%).
- Net revenue $12.0B, up 6% reported; organic revenue up 11% on 10% price/mix.
- Comparable operating margin 31.6% vs 30.7% prior year; GAAP margin 20.1%.
- Unit case volume flat; concentrate sales grew 1%.
- Company raised full-year 2023 guidance citing first-half strength.