The earnings call highlighted strong financial performance with EPS and revenue growth, driven by innovation and digital expansion. However, challenges remain in certain regions with volume declines and macroeconomic pressures. Currency headwinds and inflationary pressures are ongoing concerns.
Company Guidance
In the Coca-Cola Company's Fourth Quarter and Full Year 2024 Earnings Results Conference Call, the company reported a 7% growth in comparable earnings per share, despite facing nearly double-digit currency headwinds and bottler refranchising impacts. The call highlighted a robust 14% organic revenue growth in the fourth quarter, with unit case growth at 2% and concentrate sales up by 3 points. Price/mix growth was 9%, driven by normal pricing actions and inflationary pricing. The company achieved a comparable gross margin increase of approximately 160 basis points and a comparable operating margin increase of 80 basis points. Looking forward, Coca-Cola expects to maintain its momentum, targeting a 5-6% organic revenue growth in 2025 while navigating a dynamic external environment. The company anticipates currency headwinds of 3-4 points for comparable net revenues and 6-7 points for comparable earnings per share in 2025, with a projected underlying effective tax rate of 20.8%.
Strong EPS Growth
Achieved a 7% comparable earnings per share growth in 2024 despite nearly double-digit currency headwinds.
Robust Organic Revenue Growth
Fourth quarter organic revenue grew 14%, with unit case growth at 2% and price/mix growth at 9%.
North America Growth
Significant growth in North America with robust top line and profit growth, driven by Trademark Coca-Cola and fairlife.
Success in Innovation
Fuze Tea grew retail value 3x faster than the category, Topo Chico continued its momentum, and Minute Maid Zero Sugar realized strong growth.
Digital Expansion
Added approximately 440,000 outlets to digital customer platforms in India, enhancing tailored offerings.
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Coca-Cola (KO) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KO Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 11, 2025
$64.55
$67.60
+4.73%
Oct 23, 2024
$68.93
$67.50
-2.07%
Jul 23, 2024
$63.84
$64.03
+0.30%
Apr 30, 2024
$60.68
$60.42
-0.43%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Coca-Cola (KO) report earnings?
Coca-Cola (KO) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is Coca-Cola (KO) earnings time?
Coca-Cola (KO) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.