Earnings Alerts

Coca Cola Co (KO) Earnings: 2Q Price/Mix Surpasses Estimates with Notable Adjusted Organic Revenue Growth

  • Price/mix beat estimates: Coca-Cola’s price/mix increased by 9%, surpassing the estimated 7.99%.
  • Concentrate sales surge: Concentrate sales rose by 6%, well above the expected 1.91%.
  • Strong organic revenue growth: Adjusted organic revenue jumped by 15%, beating the 9.37% estimate.
  • Analyst ratings: There are 22 buy ratings, 6 hold ratings, and 1 sell rating for Coca-Cola.

Coca Cola Co on Smartkarma

Analyst coverage of Coca Cola Co on Smartkarma has provided valuable insights into the company’s performance. Baptista Research, led by James Quincey, Chairman and CEO of Coca-Cola, published a report titled “The Coca-Cola Company: What Is The Impact Of Changing North American Market Dynamics? – Major Drivers“. The report highlighted Coca-Cola’s positive results amid global challenges, attributing their success to an “all-weather strategy”. Quincey emphasized the company’s agile and efficient global organization, showcasing an 8% growth in comparable earnings per share despite a 7% currency impact.


A look at Coca Cola Co Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Coca Cola Co has a strong long-term outlook in various aspects. The company scores well in Growth and Momentum, indicating positive prospects for future expansion and market performance. With a solid score in Dividend, Coca Cola Co also presents itself as a reliable option for investors seeking income generation. Although Value and Resilience scores are not as high, the overall outlook for the company remains positive.

The Coca-Cola Company, a renowned manufacturer and distributor of soft drink concentrates and syrups, along with juice and juice-drink products, continues to position itself effectively in both domestic and international markets. With a focus on growth and momentum, coupled with a commitment to dividend payments, Coca Cola Co appears to be on a trajectory for further success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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