Coca-Cola Non-GAAP EPS of $0.64 Beats By $0.06, Revenue of $10.5B Beats By $670M

Seeking Alpha2022-04-25
  • Coca-Cola Q1 Non-GAAP EPS of $0.64 beats by $0.06.
  • Revenue of $10.5B (+16.7% Y/Y)beats by $670M.
  • Shares -1.6%PM.
  • On March 8, 2022, the company announced the suspension of its business in Russia as a result of the conflict in Ukraine. The approximate direct impacts of this on FY2022 results are estimated to be as follows: 1% impact to unit case volume; 1% to 2% impact to net revenues and operating income; $0.04 impact to comparable EPS.

  • The company expects to generate free cash flow (non-GAAP) of approximately $10.5B through cash flow from operations of approximately $12B, less capital expenditures of approximately $1.5B.

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