Coca-Cola: Q4 2019 just above expectations
(CercleFinance.com) - On Thursday Coca-Cola published adjusted EPS (non-GAAP) of 44 cents for Q4 2019, one cent above the consensus, up 1% y-o-y.
At 9.1 billion dollars, the soft drinks giant's net revenues increased by 16%, and were up 7% in organic terms.
For fiscal year 2020, the Atlanta-based group says that it expects comparable EPS to grow by 7%, for organic revenue growth of around 5% (non-GAAP).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
At 9.1 billion dollars, the soft drinks giant's net revenues increased by 16%, and were up 7% in organic terms.
For fiscal year 2020, the Atlanta-based group says that it expects comparable EPS to grow by 7%, for organic revenue growth of around 5% (non-GAAP).
Copyright (c) 2020 CercleFinance.com. All rights reserved.