Coca-Cola Earnings Report Release on July 23, 2024

Coca-Cola Earnings Report Release on July 23, 2024

Upcoming Coca-Cola (KO) Earnings Report: Key Financial Metrics and Trading Opportunities on Zooe

Coca-Cola (KO) Earnings Report Announcement

Date: Tuesday, July 23, 2024
Before Market Open

Coca-Cola (KO) is one of the world’s leading beverage companies, offering a wide range of products including soft drinks, juices, and water. As a significant player in the global market, Coca-Cola’s earnings reports are closely monitored by investors and traders.

Benefits of Trading Coca-Cola CFDs

Trading Coca-Cola CFDs on the Zooe app allows you to benefit from the stock’s price movements without owning the underlying asset, offering several advantages:

  • High Leverage: Amplify your market exposure with less capital.
  • Flexibility: Trade in both rising and falling markets.
  • No Commissions: Lower trading costs.
  • Real-Time Data: Make informed decisions with up-to-date market information.

Financial Performance and Trends

According to Investing.com, here’s a summary of Coca-Cola’s recent financial performance and upcoming expectations:

  • Q2 2024 (Release Date: July 23, 2024):
    • Expected EPS: $0.8048
    • Expected Revenue: $11.76 billion
  • Previous Quarters:
    • Q1 2024 (April 30, 2024):
      • Actual EPS: $0.72 (Forecast: $0.70)
      • Actual Revenue: $11.3 billion (Forecast: $11.02 billion)
    • Q4 2023 (February 13, 2024):
      • Actual EPS: $0.49 (Met Forecast)
      • Actual Revenue: $10.8 billion (Forecast: $10.67 billion)
    • Q3 2023 (October 24, 2023):
      • Actual EPS: $0.74 (Forecast: $0.70)
      • Actual Revenue: $12 billion (Forecast: $11.44 billion)
    • Q2 2023 (July 26, 2023):
      • Actual EPS: $0.78 (Forecast: $0.72)
      • Actual Revenue: $12 billion (Forecast: $11.73 billion)
Screenshot from Investing.com

Coca-Cola has consistently met or exceeded its earnings and revenue forecasts over the past quarters. The strong performance trend suggests a positive outlook for the upcoming earnings report. The expected EPS of $0.8048 and revenue of $11.76 billion for Q2 2024 highlight sustained growth.

Zooe’s Trading Advantages

Zooe offers a range of benefits for traders looking to engage in CFD trading:

  • High Leverage: Up to 500x, allowing for greater market exposure with less capital.
  • Zero Commission Fees: Trade without worrying about additional costs.
  • Fast Execution: Take advantage of rapid market movements with quick trade execution.
  • Social Trading Platform: Follow and copy the strategies of successful traders.

For a comprehensive trading experience and to stay updated on market trends, download the Zooe app today from Zooe Download.

Risk Reminder

Trading CFDs involves significant risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary. Past performance is not indicative of future results. Always trade responsibly.

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