Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) issued its earnings results on Tuesday, February 27th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.93), Bloomberg Earnings reports. Coca-Cola Bottling Co Consolidated had a net margin of 2.23% and a return on equity of 11.63%. The firm had revenue of $1.13 billion during the quarter.
Coca-Cola Bottling Co Consolidated (COKE) traded down $2.58 during trading on Wednesday, hitting $183.91. 44,421 shares of the stock traded hands, compared to its average volume of 52,414. The firm has a market capitalization of $1,749.75, a PE ratio of 17.86 and a beta of 0.09. Coca-Cola Bottling Co Consolidated has a 12 month low of $178.49 and a 12 month high of $249.54. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.24 and a quick ratio of 0.96.
Separately, BidaskClub raised shares of Coca-Cola Bottling Co Consolidated from a “hold” rating to a “buy” rating in a research note on Tuesday, December 12th.
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About Coca-Cola Bottling Co Consolidated
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.
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