James Quincey, CEO of Coca-Cola, talking on CNBC’s “Squawk Field” outdoors of the World Financial Discussion board in Davos, Switzerland, on Jan. 22, 2025.
Gerry Miller | CNBC
Coca-Cola on Tuesday reported quarterly earnings and income that topped analysts’ expectations, as international demand for its drinks rose.
Shares of the corporate climbed greater than 3% in premarket buying and selling.
This is what Coca-Cola reported for the quarter ended Dec. 31 in contrast with what Wall Avenue was anticipating, based mostly on a survey of analysts by LSEG:
- Earnings per share: 55 cents adjusted vs. 52 cents anticipated
- Income: $11.54 billion vs. $10.68 billion anticipated
The beverage large reported fourth-quarter web earnings attributable to shareholders of $2.20 billion, or 51 cents per share, up from $1.97 billion, or 46 cents per share, a yr earlier.
Excluding restructuring fees, refranchising features and different gadgets, Coke earned 55 cents per share.
Internet gross sales rose 6% to $11.54 billion.
