Coca-Cola Non-GAAP EPS of $0.64 Beats By $0.06, Revenue of $10.5B Beats By $670M

Seeking Alpha2022-04-25
  • Coca-Cola Q1 Non-GAAP EPS of $0.64 beats by $0.06.
  • Revenue of $10.5B (+16.7% Y/Y)beats by $670M.
  • Shares -1.6%PM.
  • On March 8, 2022, the company announced the suspension of its business in Russia as a result of the conflict in Ukraine. The approximate direct impacts of this on FY2022 results are estimated to be as follows: 1% impact to unit case volume; 1% to 2% impact to net revenues and operating income; $0.04 impact to comparable EPS.

  • The company expects to generate free cash flow (non-GAAP) of approximately $10.5B through cash flow from operations of approximately $12B, less capital expenditures of approximately $1.5B.

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Comments

  • JeremyKok
    2022-04-26
    JeremyKok
    A good stock to buy and hold for long term during the dip. Do your own due diligence before you invest.
  • eksp
    2022-04-25
    eksp
    😀
  • angelchow
    2022-04-25
    angelchow
    Ok
  • james_l
    2022-04-25
    james_l
    Great news on coca cola
  • mster
    2022-04-25
    mster
    $Coca-Cola(KO)$slow and steady win the race. 
  • MIe
    2022-04-25
    MIe
    Coke defensive in volatile rate hikes
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