Coca-Cola Consolidated (NASDAQ:COKE) Releases Earnings Results

Coca-Cola Consolidated (NASDAQ:COKE) posted its earnings results on Thursday. The company reported $18.11 EPS for the quarter, Zacks reports. The business had revenue of $1.75 billion during the quarter. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%.

Coca-Cola Consolidated Price Performance

NASDAQ COKE opened at $1,433.12 on Friday. The company has a market capitalization of $12.55 billion, a PE ratio of 24.94 and a beta of 0.89. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The business’s fifty day moving average is $1,318.12 and its 200 day moving average is $1,289.45. Coca-Cola Consolidated has a fifty-two week low of $800.76 and a fifty-two week high of $1,460.92.

Coca-Cola Consolidated Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were issued a $2.50 dividend. This represents a $10.00 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend was Friday, January 24th. Coca-Cola Consolidated’s payout ratio is currently 17.40%.

Coca-Cola Consolidated Company Profile

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.