Coca-Cola Co reports results for the quarter ended December 31 - Earnings Summary

• Coca-Cola Co KO.N reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 50 cents to 52 cents per share.

• Revenue rose 4.2% to $11.40 billion from a year ago; analysts expected $10.68 billion.

• Coca-Cola Co's reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of $2.2 billion.

• Coca-Cola Co shares had risen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-alcoholic beverages peer group is also "buy"

Wall Street's median 12-month price target for Coca-Cola Co is $72.00

This summary was machine generated from LSEG data February 11 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)