moomoo
Open in the moomoo APP.
OPEN
Coca-Cola (KO) Q4 earnings: Are you satisfied?
31K Views ·8 Posts
The beverage giant reported strong quarterly revenue that beat analysts' expectations, driven by higher drink prices. "As we begin 2023, we continue to invest in capabilities and strengthen alignment with our bottling partners to maintain flexibility. Our growth culture is leading to new approaches, more experimentation, and improved agility to drive growth and value for our stakeholders," said James Quincey, CEO of the Coca-Cola Company.
▶️ For the quarter, net revenues were strong, growing 7% to $10.13 billion vs. $10.02 billion expected. Organic revenues (non-GAAP) grew 15%.
▶️ EPS declined 16% to $0.47, and comparable EPS (non-GAAP) was even at $0.45. EPS performance included the impact of a 12-point currency headwind.
▶️ The company gained value share in total nonalcoholic ready-to-drink beverages, which included share gains in both at-home and away-from-home channels.
▶️ Operating margin, which included items impacting comparability, was 20.5% vs. 17.7% YoY, while comparable operating margin (non-GAAP) was 22.7% vs. 22.1% YoY.
▶️ For 2023, the company estimates comparable revenue growth of 3% to 5% and comparable earnings per share growth of 4% to 5%.
Q: 1) Is now a good time to own Coca-Cola stocks?
2) What's your opinion or analysis of the company?
▶️ For the quarter, net revenues were strong, growing 7% to $10.13 billion vs. $10.02 billion expected. Organic revenues (non-GAAP) grew 15%.
▶️ EPS declined 16% to $0.47, and comparable EPS (non-GAAP) was even at $0.45. EPS performance included the impact of a 12-point currency headwind.
▶️ The company gained value share in total nonalcoholic ready-to-drink beverages, which included share gains in both at-home and away-from-home channels.
▶️ Operating margin, which included items impacting comparability, was 20.5% vs. 17.7% YoY, while comparable operating margin (non-GAAP) was 22.7% vs. 22.1% YoY.
▶️ For 2023, the company estimates comparable revenue growth of 3% to 5% and comparable earnings per share growth of 4% to 5%.
Q: 1) Is now a good time to own Coca-Cola stocks?
2) What's your opinion or analysis of the company?
The beverage giant reported strong quarterly revenue that beat analysts' expectations, driven by higher drink prices. "As we begin 2023, we continue to invest in capabilities and strengthen alignment with our bottling partners to maintain flexibility. Our growth culture is leading to new approaches, more experimentation, and improved agility to drive growth and value for our stakeholders," said James Quincey, CEO of the Coca-Cola Company.
▶️ For the quarter, net revenues were strong, growing 7% to $10.13 billion vs. $10.02 billion expected. Organic revenues (non-GAAP) grew 15%.
▶️ EPS declined 16% to $0.47, and comparable EPS (non-GAAP) was even at $0.45. EPS performance included the impact of a 12-point currency headwind.
▶️ The company gained value share in total nonalcoholic ready-to-drink beverages, which included share gains in both at-home and away-from-home channels.
▶️ Operating margin, which included items impacting comparability, was 20.5% vs. 17.7% YoY, while comparable operating margin (non-GAAP) was 22.7% vs. 22.1% YoY.
▶️ For 2023, the company estimates comparable revenue growth of 3% to 5% and comparable earnings per share growth of 4% to 5%.
Q: 1) Is now a good time to own Coca-Cola stocks?
2) What's your opinion or analysis of the company?
▶️ For the quarter, net revenues were strong, growing 7% to $10.13 billion vs. $10.02 billion expected. Organic revenues (non-GAAP) grew 15%.
▶️ EPS declined 16% to $0.47, and comparable EPS (non-GAAP) was even at $0.45. EPS performance included the impact of a 12-point currency headwind.
▶️ The company gained value share in total nonalcoholic ready-to-drink beverages, which included share gains in both at-home and away-from-home channels.
▶️ Operating margin, which included items impacting comparability, was 20.5% vs. 17.7% YoY, while comparable operating margin (non-GAAP) was 22.7% vs. 22.1% YoY.
▶️ For 2023, the company estimates comparable revenue growth of 3% to 5% and comparable earnings per share growth of 4% to 5%.
Q: 1) Is now a good time to own Coca-Cola stocks?
2) What's your opinion or analysis of the company?
New
Hot
Warren Buffett’s Coca-Cola Dividends:
Annual: $704,000,000
Monthly: $58,600,000
Daily: $2,010,000
Hourly: $87,000
Minute: $1,455
Second: $24.25
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$$Apple(AAPL.US$$Occidental Petroleum(OXY.US$
Monthly: $58,600,000
Daily: $2,010,000
Hourly: $87,000
Minute: $1,455
Second: $24.25
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$$Apple(AAPL.US$$Occidental Petroleum(OXY.US$
4
1
2
This is a great reminder from Warren Buffett’s 2023 letter to shareholders.
In 1994, Berkshire purchased a total of 400 million shares of Coca-Cola for $1.3 billion.
Last year, 2022, Berkshire received $704 million in dividend income from Coca-Cola.
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$
Last year, 2022, Berkshire received $704 million in dividend income from Coca-Cola.
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$
1
1
At a 1993 lecture, Buffett compared Procter & Gamble vs. Coca-Cola vs. McDonalds.
He ended by saying, "Own all three and you'll be fine." $30,000 into those stocks would be $742,000 today for 11.2% compounding. Worst year was 14% decline in 2000. Dividends would be $17k per year.
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$$McDonald's(MCD.US$$Procter & Gamble(PG.US$
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Coca-Cola(KO.US$$McDonald's(MCD.US$$Procter & Gamble(PG.US$
3
1
Coca Cola (KO) Q4 Earnings Summary
$Coca-Cola(KO.US$ just released their Q4’FY22 earnings:
- EPS of $0.45, in line with the estimated $0.45
- Revenue of $10.1 bil, slightly higher than the estimated $10.01 bil, representing a 15% organic growth q-o-q
Such strong growth is in line with KO’s plan to drive sales expansion through digital campaigns and focus on emerging markets (which makes up ~20% of their total sales).
12% q-o-q growth in price/mix also shows KO’s ability to foster localized consu...
- EPS of $0.45, in line with the estimated $0.45
- Revenue of $10.1 bil, slightly higher than the estimated $10.01 bil, representing a 15% organic growth q-o-q
Such strong growth is in line with KO’s plan to drive sales expansion through digital campaigns and focus on emerging markets (which makes up ~20% of their total sales).
12% q-o-q growth in price/mix also shows KO’s ability to foster localized consu...
1
2
Post