17 0 obj /Pages 2 0 R endobj /MediaBox [0.0 0.0 612.0 792.0] /Names 4 0 R << /Type /Page Growth was led by Trademark Coca-Cola and sparkling flavours. But on Monday, it stuck by earlier revenue growth projections of 7 percent to 8 percent and per-share growth of 5 percent to 6 percent for the year. /Last 81 0 R /MediaBox [0.0 0.0 612.0 792.0] << This includes offering single-serve packages. endobj 30 0 obj Invest with Trefis Market Beating Portfolios, 2022 Forbes Media LLC. Highlights include: Shares traded today at $66.40 against a 52-week range of $52.28-$67.20. You only have access to basic statistics. For example, in India, the company is increasing its consumer base by expanding affordable offerings at key transaction-driving price points through the use of single-serve packages. Register in seconds and access exclusive features. ", Quandl, Forecast of Street Earnings of Coca-Cola European Partners PLC from 2019 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/632659/forecast-of-street-earnings-of-coca-cola/ (last visited July 22, 2022), Forecast of Street Earnings of Coca-Cola European Partners PLC from 2019 to 2022, Available to download in PNG, PDF, XLS format, Most sustainable consumer goods companies in the United States in 2020, Coca-Cola Company's net operating revenues worldwide 2007-2021, Revenue distribution of the Coca-Cola Company worldwide 2021, by operating segment, The Coca-Cola Company: global unit sales volume share 2020, by region, Global packaging distribution mix of Coca-Cola's products by type 2020, PepsiCo's net revenue worldwide 2007-2021, Keurig Dr Pepper's net sales worldwide 2017-2021, Global net sales of Monster Beverage 2008-2020, Global sales of the Nestl Group 2005-2021, Forecast of Street Earnings of Coca-Cola quarterly 2019-2020, Forecast of mean EPS of Coca Cola EU PT quarterly 2019-2021, Forecast of mean EPS of Coca Cola 2020-2022, Brazil: Coca Cola's advertising spending 2016-2018, Coca Cola Company: global beverage unit sales volume share 2017, by type, Coca-Cola Femsa sales volume 2017, by region, The Coca-Cola Company water withdrawals worldwide 2012-2021, Coca Cola Company: global beverage sales volume growth 2020, by type, Latin America: Coca-Cola Company revenue 2014-2019, Latin America: Coca-Cola Company's operating income 2014-2019, Latin America: Coca-Cola Company's sales volume by region 2017-2020, Coca-Cola Bottlers Japan's total assets 2017-2021, Materials used in operations by Coca-Cola in Romania 2018-2019, Bottled water market in the United States, Forecast of Street Earnings of Coca-Cola European Partners PLC from 2019 to 2022 (in U.S. dollars), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. /MediaBox [0.0 0.0 612.0 792.0] /Type /Page Data is a real-time snapshot *Data is delayed at least 15 minutes. /Contents 69 0 R /Resources 46 0 R by Charly TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images), PwC Cloud and Digital Transformation BrandVoice, 4 Steps To Help Your Kids Build Smart Money Habits, How To Earn Cash Rewards For Everyday Spending. /Contents 63 0 R /Count 0 /MediaBox [0.0 0.0 612.0 792.0] Biggest companies in the world by market value 2022, Revenue and financial key figures of Coca-Cola 2009-2021, Market share of leading CSD companies in the U.S. 2004-2020, Brand value of the most valuable soft drink brands worldwide 2021. /Contents 37 0 R 22 0 obj >> endobj /Contents 39 0 R In early March, Coke paused operations in Russia, citing the Kremlin's invasion of Ukraine. While KO stock looks fully valued, it is helpful to see how Coca-Colas Peers fare on metrics that matter. A Division of NBCUniversal. << Coke's unit case volume rose 8% during the quarter, fueled by demand for drinks like Powerade and Coke Zero Sugar. endobj 21 0 obj << /MediaBox [0.0 0.0 612.0 792.0] Currently, you are using a shared account. << "Forecast of Street Earnings of Coca-Cola European Partners PLC from 2019 to 2022 (in U.S. /MediaBox [0.0 0.0 612.0 792.0] Sparkling soft drinks grew 7%, driven by growth across all geographic operating segments, primarily Europe, Middle East and Africa and Latin America. >> Coffee grew 27%, primarily driven by cycling the impact of Costa retail store closures in the U.K. in the prior year and continued expansion of Costa coffee across markets. Quincey said on the company's earnings conference call that Coke is trying to invest in its brands so consumers are willing to pay more for its beverages. >> Opinions expressed by Forbes Contributors are their own. Comparable EPS (non-GAAP) percentage growth is expected to include a 3% to 4% currency headwind based on the current rates and including the impact of hedged positions, in addition to a minimal tailwind from acquisitions. /Type /Page /Contents 45 0 R New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. /Resources 70 0 R << /Count 5 A paid subscription is required for full access. endobj >> As a Premium user you get access to the detailed source references and background information about this statistic. /Parent 2 0 R endobj

/Type /Page Both at-home and away-from-home channels will likely drive the growth. >> The sales growth was partly offset by operating margin contraction. Growth in developed markets was led by the U.S., the U.K. and Mexico, while growth in developing and emerging markets was led by Brazil and India. High demand and shopping trends pushed many food and drink companies to focus on bulk packaging, but smaller packaging has returned in recent months. << /Version /1.4 The company expects to deliver organic revenue (non-GAAP) growth of 7% to 8% for the full year. endobj Unit case volume grew 8%, driven by strong growth in the key markets of India and the Philippines. << >> %PDF-1.4 You can only download this statistic as a Premium user. /Type /Page p&)20 j[2k~[ NPT$6LLiEarPuXw4hclA)BlXQEycJi5&+xe#8S2fIRQ>RN= /Resources 64 0 R /Type /Page Access to this and all other statistics on 80,000 topics from, Show sources information /MediaBox [0.0 0.0 612.0 792.0] endobj 23 0 obj Quincey told CNBC that consumers won't "swallow inflation endlessly." In, Quandl. >> Coca-Cola said accelerated cost pressures and ongoing supply challenges are leading it to look for different and more affordable ways to get its products to consumers. /MediaBox [0.0 0.0 612.0 792.0] (Photo [+] by Charly TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images). 4 0 obj Sales at Coca-Cola surged 16 percent, offsetting rising costs and the beverage makers exit from Russia. Industry-specific and extensively researched technical data (partially from exclusive partnerships). << << /Type /Page Sales of Coca-Cola Zero Sugar increased 14 percent, while sales of its namesake Coca-Cola soft drink rose 6 percent. Then you can access your favorite statistics via the star in the header. Please create an employee account to be able to mark statistics as favorites. endobj /Parent 2 0 R 33 0 obj >> >> All Rights Reserved, This is a BETA experience. All Rights Reserved. Coca-Cola was among the companies to pull the plug on Russian operations after the country invaded neighbouring Ukraine. /Resources 38 0 R /MediaBox [0.0 0.0 612.0 792.0] /MediaBox [0.0 0.0 612.0 792.0] "We are keeping a close watch on the spillover effects of the conflict in Ukraine on the health of the consumer, and we remain ready to pivot and adapt," Quincey told analysts on the company's earnings call. But CEO James Quincey told CNBC's Sara Eisen that despite the strong quarter, there are "storm clouds" on the horizon. 3 0 obj /MediaBox [0.0 0.0 612.0 792.0] /Parent 2 0 R /Type /Page Hydration, sports, coffee and tea grew 10%. 29 0 obj (77a72902b443421f8dc8a1a995ce5d7d_16) [22 0 R /XYZ null 749 null] The Coca-Cola Co. surpassed revenue estimates for Q1 2022 with a 16% revenue gain over Q1 2021, according to an earnings release. Net revenues grew 16% from $9.02 billion for Q1 2021 to $10.5 billion for the quarter ending April 1, 2022, and organic revenues (non-GAAP) grew 18%. The company has said the suspension of operations in Russia will trim 4 cents from per-share earnings this year. /Parent 3 0 R

endobj However, the rise of Omicron in Q1 may result in slower growth for away-from-home channel sales. endobj >> endobj Operating income grew 25% from $2.72 billion to $3.4 billion in the comparative quarters, while consolidated net income grew 24% from $2.55 billion to $2.79 billion. endobj We are pleased with our first quarter results as our company continues to execute effectively in a highly dynamic and uncertain operating environment, said James Quincey, Chairman and CEO of The Coca-Cola Company, as the beverage giant announced its Q1 2022 results, showing continued momentum in its marketplace performance. /Resources 60 0 R As inflation puts pressure on Coke's profit margins and shoppers' wallets, the company said it's been expanding its lineup of single-serving offerings at "affordable" prices. /Type /Page E+Am e[7hRheGdT$z.Q.!St${\2fA0\[(1;x4/FsB9[u6xP+q>C6N/#)cyZ(DF@)H`l7TeaFBBeez) AVZ8W>Ep3YMdo"3@B,jh_|{AK_C@@9S'#380gW0cdO2J *\?t=^ndTj6ERBd?`?A] }5;8FWaI7zk4U YuV^ Directly accessible data for 170 industries from 50 countries Hydration grew 8%, led by strong growth in Latin America and Europe, Middle East and Africa. /Contents 47 0 R /Resources 56 0 R Coke also estimates that the decision will weaken its comparable earnings by 4 cents per share. That said, our forecast indicates that KO stock is currently fully valued, as discussed below. Learn more about how Statista can support your business. In the first quarter, this strategy yielded strong results with more than 500 million incremental transactions added in India, up nearly 20% versus the prior year. /MediaBox [0.0 0.0 612.0 792.0] Trademark Coca-Cola grew 6%, driven by growth across all geographic operating segments. /Title (Earnings Release \(cover\)) Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Tea grew 8%, led by growth in Brazil, Japan and Mexico. /Parent 2 0 R >> /Contents 59 0 R >> Get this delivered to your inbox, and more info about our products and services. /ModDate (D:20220424202600+00'00') /Outlines 3 0 R Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016. /Resources 40 0 R /Dest [28 0 R /XYZ null 752 null] The companys adjusted net income of $1.9 billion in Q4 2021 reflected a 4% fall from its $2.0 billion figure in the prior-year quarter. << "We are pleased with our first quarter results as our company continues to execute effectively in a highly dynamic and uncertain operating environment," James Quincey, chairman and CEO, said in the press release. /Parent 2 0 R /Contents 49 0 R stream Developed markets as well as developing and emerging markets grew in high single digits. KO 7 0 obj Capital acquires Family Entertainment Group, Groupe SEB cites Wilbur Curtis high point for HY 2022, Sodexo teams with Tortoise on mobile vending robot, Important Tax Changes for Businesses for 2022. Earnings per share grew 23% from 52 cents to 64 cents on both a basic and diluted basis, and comparable EPS (non-GAAP) grew 16% to 64 cents. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. /MediaBox [0.0 0.0 612.0 792.0] Coke is getting hit across the board on rising costs for everything from aluminium and sugar to transportation. /F 2 /MediaBox [0.0 0.0 612.0 792.0] The company said Monday that the decision is expected to dent unit case volume by 1% and revenue and operating income by 1% to 2%. Actions such as these help drive packaging circularity and support the companys World Without Waste initiatives, including recyclability, virgin plastic reduction, reusable packaging and the companys goal to collect and recycle a bottle or can for everyone it sells by 2030. >> 2 0 obj 27 0 obj endobj /MediaBox [0.0 0.0 612.0 792.0] Shares of Coke rose 2% in premarket trading. endobj /C [0.0 0.0 0.0] /Type /Page

13 0 obj /MediaBox [0.0 0.0 612.0 792.0] << Accelerated cost pressures and ongoing supply challenges continue across markets, and the company is leveraging RGM to provide compelling customer and consumer solutions by segmenting markets based on occasion, brand, price, package and channel. Show publisher information endobj /Type /Page /Producer (Wdesk Fidelity Content Translations Version 006.003.016)

This represents a forward P/E multiple of 27x for the company based on our 2022 EPS forecast of $2.45. "Forecast of Street Earnings of Coca-cola European Partners Plc from 2019 to 2022 (in U.S. /Resources 78 0 R Overall sales for the sparkling soft drink category climbed 7 percent. All rights reserved. /Length 2338 Coke's unit case volume rose 8% during the quarter. /MediaBox [0.0 0.0 612.0 792.0] /Parent 2 0 R "We are confident in our full-year guidance, and we are well-equipped to win in all types of environments as we fuel strong topline momentum and create value for our stakeholders.". Unit case volume grew 4%, driven by India and the Philippines, partially offset by pressure in China due to reduced consumer mobility resulting from resurgence in COVID-19 cases. Accessed July 22, 2022. https://www.statista.com/statistics/632659/forecast-of-street-earnings-of-coca-cola/, Quandl.

/Type /Page dollars)." Copyright 2022 Networld Media Group, LLC. >> /Type /Page /Parent 2 0 R What To Expect From Schlumbergers Stock Post Q2? 6 0 obj You need a Single Account for unlimited access. <<

A rise in the number of social events, restaurants back to full-scale operations, and, more importantly, people venturing out, likely aided beverage sales in Q1. (77a72902b443421f8dc8a1a995ce5d7d_1) [6 0 R /XYZ null 749 null] Heres Where To Invest.

}hlNnvKbyH7iOA2/y /Title (2022 Q1 Earnings Release \(Ex-99.1\)_Full Release) Tax Planning vs. Tax Preparation: What is the Difference?

/MediaBox [0.0 0.0 612.0 792.0] >> !7e&3b7f 2P 3mk{oADiFA5|"#G=iN+`'CY`VULM'WP6ecRv /Resources 52 0 R /Type /Outlines /Contents 35 0 R /Contents 75 0 R Furthermore, the Covid-19 crisis has created many pricing discontinuities which can offer attractive trading opportunities.

/Contents 67 0 R 24 0 obj Nutrition, juice, dairy and plant-based beverages grew 12%, led by fairlife in the U.S., Minute Maid Pulpy in China and Maaza in India. Corporate solution including all features. << /Type /Catalog Excluding items, the beverage giant earned 64 cents per share, beating the 58 cents per share expected by analysts surveyed by Refinitiv. /Resources 34 0 R endobj You may sign into this site using your login credentialsfrom any of these Networld Media Group sites: Independent ATM operator growth options: Crypto and cannabis top the list, Nominations open for 2022 Self-Service Innovation Awards, Fresh meal vending pioneers hail from diverse backgrounds, Crypto ATMs on a roll: What you should know, How contactless technology, self-serve kiosks rejuvenate amusement space, Use of and/or registration on any portion of this site constitutes acceptance of our, Mars Wrigley taps Unilvers Glen Bengi for global growth role, Capriotti's Sandwich Shop testing automated pizzeria, Study: Seattle soda tax benefits low income people, H.I.G. Sign up for free newsletters and get more CNBC delivered to your inbox. /Resources 44 0 R /Type /Page endobj /Resources 66 0 R You will find other valuable comparisons for companies across industries at Peer Comparisons. << facts. TH+4$cH#C,X^i/tk:-i1LGJXy!5' ?5G*K('bhw`.@C3PTp GZ$jbC@}:9q:VYT!

/Parent 2 0 R /Type /Page >> /Resources 42 0 R In its previous earnings conference call, the companys management stated that it is now better prepared to handle the Covid-19 waves, and the impact from the spread of Omicron is expected to be less disruptive compared to the previous waves. /Dest [6 0 R /XYZ null 749 null] This statistic is not included in your account. To use individual functions (e.g., mark statistics as favourites, set Our interactive dashboard analysis of Coca-Cola Earnings Preview has additional details.

Sales at Coca-Cola surged 16 percent during the first quarter as crowds returned to movie theatres, music venues and sports stadiums, offsetting rising input costs for the company and the suspension of operations in Russia. /Contents 65 0 R Trefis estimates Coca-Colas Q1 2022 revenues to be around $9.9 billion, aligning with the consensus estimate. The P/E multiple above compares with 28x for PEP and 24x for KDP stock, based on our estimates. /MediaBox [0.0 0.0 612.0 792.0] /Resources 72 0 R Coca-Cola on Monday reported quarterly earnings that topped analysts' expectations as consumers drank more of its namesake soda, Powerade and Costa coffee. 15 0 obj /Type /Page You need at least a Single Account to use this feature. Chart. The company is seeing higher costs for key materials like high fructose corn syrup, plastic and aluminum. What if youre looking for a more balanced portfolio instead? /Parent 2 0 R x[YoF6J8A>7mi@Yl P4(TH572;;Q:n$^'sgO7IgokK#xX_'e-y~l"}]e}EO6k-:/F%;;XwxnzIzQ+O7p:{da(.UqS27g3}}7:q=BXan$ M(:vz&s"|BZxOM}~ WK! /Type /Page /Parent 2 0 R /C [0.0 0.0 0.0] Unit case volume grew 8%, with broad-based growth across all operating segments. If you are an admin, please authenticate by logging in again. A 10% y-o-y increase in price/mix led to this growth. endobj Pricing and mix, which includes price increases across its portfolio, grew 7% in the quarter, helped by strategies like bottling its drinks in smaller packaging.