Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) Announces Quarterly Earnings Results, Misses Estimates By $1.52 EPS

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) released its quarterly earnings results on Tuesday, November 7th. The company reported $1.65 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.17 by ($1.52), Bloomberg Earnings reports. Coca-Cola Bottling Co. Consolidated had a return on equity of 13.67% and a net margin of 0.99%. The firm had revenue of $1.16 billion for the quarter.

Coca-Cola Bottling Co. Consolidated (COKE) traded up $4.54 during mid-day trading on Thursday, hitting $204.42. The stock had a trading volume of 59,556 shares, compared to its average volume of 41,917. The company has a debt-to-equity ratio of 3.04, a current ratio of 1.61 and a quick ratio of 1.28. The company has a market cap of $1,910.00, a P/E ratio of 37.95 and a beta of 0.06. Coca-Cola Bottling Co. Consolidated has a 12 month low of $157.21 and a 12 month high of $249.54.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Shareholders of record on Friday, October 27th were paid a $0.25 dividend. The ex-dividend date was Thursday, October 26th. This represents a $1.00 dividend on an annualized basis and a yield of 0.49%. Coca-Cola Bottling Co. Consolidated’s dividend payout ratio (DPR) is presently 29.85%.

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Coca-Cola Bottling Co. Consolidated Company Profile

Coca-Cola Bottling Co Consolidated produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company’s segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company.

Earnings History for Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)

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