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Coca-Cola's Sweet Surge: Q2 Earnings Soar, Raises 2024 Forecasts
Coca-Cola's Q2 revenue increased by 2.9% year-on-year, exceeding expectations, while net income declined by 28.8%. Full year guidance has been revised upwards.
Coca-Cola expects a full-year EPS growth of 6%, up from the previous expectation of 5%. Capital expenditures for the year are expected to be $2.2 billion.
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Coca-Cola in Charts: Recorded the Highest Comparable Operating Margin of 32.8% in Q2
Coca-Cola Non-GAAP EPS of $0.84 Beats by $0.03, Revenue of $12.4B Beats by $650M
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