Cedears: Coca-Cola presented balance and exceeded quarterly income estimates

Cedears: Coca-Cola presented balance and exceeded quarterly income estimates

Comparable income of the company increased 2.5%, to US $ 12,620 million, compared to the expectations of analysts of 1.86%growth, up to US $12,540 million, according to data collected by LSE.

Coca-cola Wall Street estimates over the income of the second quarter, at a time when the beverage giant benefited from the resistance of the demand for their soda.

The Actions The company advanced around 1% in the operations prior to the opening of the market. So far this year, 12.5%rose.

BAG MARKETS VIVY ACTIONS INVERSIONES BONOS.JPG

Depositphotos

The well-known Coca-Cola brands and their world presence cushioned so far the giant of the drinks of the generalized weakening of soda demand in the United States.

The company raised prices in inflationary markets such as Latin America and the United States, while The volume growth remained stable.

The demand for their protein milkshake brands in the United States also rose strongsince consumers are looking for beverage options and healthier snacks.

Comparable income of the company increased 2.5%, to US $ 12,620 million, compared to the expectations of analysts of 1.86%growth, up to US $12,540 million, according to data collected by LSE.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts