Coca-Cola's Financial Triumph in Q4 2024

The Coca-Cola Company has proudly announced a significant 6% increase in its fourth-quarter revenue for fiscal 2024, reaching an impressive $11.5 billion. This achievement not only surpasses analysts' predictions but also highlights the company's robust financial health.

Net Income and Earnings Per Share Climb

With a remarkable 11% rise in net income to $2.2 billion and a 12% increase in diluted earnings per share (EPS) to $0.51, Coca-Cola demonstrates its strong market position. The operating income also saw a substantial 19% annual increase, totaling $2.7 billion.

Full-Year Financial Highlights

For the entire year of 2024, Coca-Cola reported a 3% growth in net operating revenue, amounting to $47.1 billion. The diluted earnings per share remained consistent at $2.46, showcasing the company's stable financial performance.

"Our all-weather strategy is working, and we continue to demonstrate our ability to lead through dynamic external environments," stated CEO James Quincey, emphasizing the company's resilience and strategic foresight.

Market Response

Following the announcement, Coca-Cola's shares experienced a 3.63% surge in premarket trading, reaching $66.89 per share at 7:05 am ET, reflecting investor confidence in the company's growth trajectory.