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Coca-Cola Q4 Profit Surges 66%, Results Top Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Beverages giant Coca-Cola Co. (KO) reported Thursday a profit for the fourth quarter that surged 66 percent from last year, on a revenue growth of 10 percent, steeply higher other income and lower interest expense.

Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company initiated its adjusted earnings and organic revenue growth outlook for the full-year 2022.

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