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 is predicted to report its fourth-quarter earnings earlier than the bell on Tuesday.
This is what Wall Avenue is anticipating the corporate to report, based mostly on a survey of analysts by LSEG:
- Earnings per share: 52 cents anticipated
- Income: $10.68 billion anticipated
Analysts predict the beverage large to report a 2.5% decline in quarterly gross sales. Like many client corporations, Coca-Cola has seen many patrons develop into extra value delicate, though premium manufacturers equivalent to Fairlife and Topo Chico have nonetheless been reporting robust progress.
Coca-Cola’s away-from-home enterprise has taken a success as shoppers spend much less at eating places, which may typically imply shopping for a burger with out the soda or buying and selling right down to a smaller drink measurement. McDonald’s, which is Coca-Cola’s largest buyer, reported on Monday the steepest drop in its quarterly U.S. same-store gross sales for the reason that Covid-19 pandemic.
Coca-Cola will present its full 2025 outlook when it experiences fourth-quarter earnings, though the corporate is already anticipating forex change charge adjustments to harm its outcomes. The corporate is projecting a low-single-digit headwind for comparable income and a mid-single-digit headwind for earnings per share.
Shares of Coca-Cola have risen 7% over the previous yr, elevating its market cap to roughly $275 billion.
