Coca-Cola Reports Continued Momentum in Second Quarter; Updates Full Year Guidance

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Coca Cola (KO) Tops Q2 EPS by 2c, Updates Guidance

July 23, 2019 6:57 AM EDT

Coca Cola (NYSE: KO) reported Q2 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $10 billion versus the consensus estimate of $9.84 billion.

Outlook:

Full Year 2019 Revenues:

5% growth in organic revenues (non-GAAP) Updated12% growth in comparable currency neutral net revenues (non-GAAP), including... More