Coca-Cola Consolidated (COKE) Scheduled to Post Earnings on Monday

Coca-Cola Consolidated (NASDAQ:COKE) will post its quarterly earnings results after the market closes on Monday, May 6th.

Coca-Cola Consolidated (NASDAQ:COKE) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $13.39 earnings per share (EPS) for the quarter. Coca-Cola Consolidated had a net margin of 6.14% and a return on equity of 44.12%. The firm had revenue of $1.63 billion for the quarter.

Coca-Cola Consolidated Stock Performance

COKE stock opened at $822.44 on Monday. Coca-Cola Consolidated has a 1-year low of $563.38 and a 1-year high of $961.91. The company has a current ratio of 1.56, a quick ratio of 1.27 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average price of $832.10 and a 200-day moving average price of $807.50. The firm has a market cap of $7.71 billion, a PE ratio of 18.92 and a beta of 0.74.

Coca-Cola Consolidated Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, April 26th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.24%. The ex-dividend date is Thursday, April 25th. Coca-Cola Consolidated’s dividend payout ratio (DPR) is presently 4.60%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Coca-Cola Consolidated from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 23rd.

About Coca-Cola Consolidated

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.