The Coca-Cola Firm (NYSE: KO) reported an increase in revenue and adjusted earnings for the fourth quarter of 2024. The outcomes additionally exceeded analysts’ estimates.
The gentle drink big’s adjusted earnings rose to $0.55 per share within the December quarter from $0.49 per share a yr earlier and topped expectations. Web revenue attributable to shareowners, on an unadjusted foundation, was $2.20 billion or $0.51 per share in Q4, in comparison with $1.97 billion or $0.46 per share within the year-ago interval.
There was a 6% increase in fourth-quarter revenues to $11.54 billion from $10.85 billion final yr. Analysts have been searching for a decrease top-line quantity.
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