earnings
confidence high
sentiment positive
materiality 0.85
Coca-Cola Q4 net revenue $10.8B (+7%), EPS $0.46; full-year EPS $2.47 (+13%)
COCA COLA CO
2023-FY EPS reported
$2.47
revenue$45,754,000,000
- Q4 organic revenue +12% driven by price/mix +9% and concentrate sales +3%; full-year organic revenue +12%.
- Full-year comparable EPS $2.69, +8% vs 2022; operating cash flow $11.6B, +5%.
- Unit case volume +2% in Q4 and full year; value share gained in total NARTD beverages.
- 2024 outlook provided; company expects continued topline growth and margin expansion.
- Refranchising progress in India, Philippines, Thailand, and Indonesia to optimize bottling system.