Coca-Cola's Sweet Surge: Q2 Earnings Soar, Raises 2024 Forecasts
Coca-Cola's Sweet Surge: Q2 Earnings Soar, Raises 2024 Forecasts
Coca-Cola Company (NYSE:KO) shares are trading higher following better-than-expected second-quarter FY24 earnings and a raised outlook.
在24財年第二季度收益好於預期且前景上調之後，可口可樂公司（紐約證券交易所代碼：KO）股價走高。
The company reported second-quarter FY24 sales growth of 3% year-on-year to $12.4 billion, beating the analyst consensus estimate of $11.753 billion.
該公司報告稱，24財年第二季度銷售額同比增長3％，達到124億美元，超過了分析師共識估計的117.53億美元。
Revenue performance included a 6% climb in concentrate sales and a 9% growth in price/mix. Unit case volume grew 2% in the quarter. Organic revenues increased 15%.
收入表現包括精礦銷售額增長6％，價格/組合增長9％。本季度單位案件量增長了2％。有機收入增長了15％。
Coca-Cola's organic revenue in Europe, Middle East and Africa jumped 30% in the second quarter, while in North America, it increased 10%.
可口可樂在歐洲、中東和非洲的有機收入在第二季度增長了30％，而在北美，則增長了10％。
Gross profit rose 7% to $7.551 billion with a profit margin of 61.1%. The operating margin expanded 120 basis points to 21.3%, while the comparable operating margin gained 120 basis points to 32.8%.
毛利增長7％，至75.51億美元，利潤率爲61.1％。營業利潤率增長了120個點子至21.3％，而可比營業利潤率增長了120個點子至32.8％。
Operating income for the quarter increased 10% to $2.63 billion. Adjusted EPS of $0.84 beat the consensus estimate of $0.81.
該季度的營業收入增長了10％，達到26.3億美元。調整後的每股收益爲0.84美元，超過了市場普遍預期的0.81美元。
Operating cash flow generated for six months was $4.1 billion, a decrease of $516 million from the prior year. Free cash flow totaled $3.3 billion. KO held $17.39 billion in cash and equivalents as of June 28.
六個月的運營現金流爲41億美元，比上年減少5.16億美元。自由現金流總額爲33億美元。截至6月28日，KO持有173.9億美元的現金及等價物。
Outlook: Coca-Cola raised its FY24 organic revenue growth outlook from 8% – 9% to 9% – 10%.
展望：可口可樂將其24財年的有機收入增長前景從8％—9％上調至9％—10％。
KO raised comparable currency neutral EPS growth outlook from 11% – 13% to 13% – 15%.
KO將可比貨幣中性每股收益增長前景從11％至13％上調至13％至15％。
The company raised comparable EPS (non-GAAP) growth guidance from 4% – 5% to 5% – 6% versus $2.69 in 2023.
該公司將可比每股收益（非公認會計准則）增長預期從4％至5％至5％至6％，而2023年爲2.69美元。
Coca-Cola still expects to generate free cash flow (non-GAAP) of approximately $9.2 billion through cash flow from operations of approximately $11.4 billion, less capital expenditures of approximately $2.2 billion.
可口可樂仍預計，通過約114億美元的運營現金流，減去約22億美元的資本支出，將產生約92億美元的自由現金流（非公認會計准則）。
Price Action: KO shares are trading higher by 1.65% at $65.84 in premarket at the last check Tuesday.
價格走勢：在週二的最後一次盤前盤中，KO股價上漲1.65％，至65.84美元。
Image: Shutterstock/ Ravi_Sharma1030
圖片：Shutterstock/ Ravi_Sharma1030