The Coca-Cola Firm (NYSE: KO) reported a rise in income and adjusted earnings for the fourth quarter of 2024. The outcomes additionally exceeded analysts’ estimates.
The tender drink big’s adjusted earnings rose to $0.55 per share within the December quarter from $0.49 per share a 12 months earlier and topped expectations. Internet earnings attributable to shareowners, on an unadjusted foundation, was $2.20 billion or $0.51 per share in This autumn, in comparison with $1.97 billion or $0.46 per share within the year-ago interval.
There was a 6% enhance in fourth-quarter revenues to $11.54 billion from $10.85 billion final 12 months. Analysts had been in search of a decrease top-line quantity.