Coca-Cola Consolidated (COKE) Scheduled to Post Earnings on Monday

Posted by Alphonse Anthony on May 4th, 2024

Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Monday, May 6th. Parties that wish to listen to the company’s conference call can do so using this link.

Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported $13.39 earnings per share (EPS) for the quarter. The company had revenue of $1.63 billion for the quarter. Coca-Cola Consolidated had a net margin of 6.14% and a return on equity of 44.12%.

Coca-Cola Consolidated Stock Up 1.5 %

Shares of NASDAQ COKE opened at $853.40 on Friday. Coca-Cola Consolidated has a 12-month low of $610.47 and a 12-month high of $961.91. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.42. The firm has a market cap of $8.00 billion, a PE ratio of 19.63 and a beta of 0.73. The company’s fifty day simple moving average is $832.46 and its 200 day simple moving average is $812.27.

Coca-Cola Consolidated Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, April 26th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, April 25th. This represents a $2.00 annualized dividend and a dividend yield of 0.23%. Coca-Cola Consolidated’s dividend payout ratio is presently 4.60%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Coca-Cola Consolidated from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd.

Check Out Our Latest Analysis on COKE

Coca-Cola Consolidated Company Profile

(Get Free Report)

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.