Coca-Cola Consolidated (NASDAQ:COKE) Issues Quarterly Earnings Results

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) announced its earnings results on Thursday. The company reported $18.11 EPS for the quarter, Zacks reports. Coca-Cola Consolidated had a return on equity of 49.88% and a net margin of 9.18%. The company had revenue of $1.75 billion for the quarter.

Coca-Cola Consolidated Trading Up 0.6 %

Shares of Coca-Cola Consolidated stock traded up $8.08 on Monday, hitting $1,390.94. 47,043 shares of the company's stock traded hands, compared to its average volume of 40,035. Coca-Cola Consolidated has a one year low of $800.76 and a one year high of $1,460.92. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The company has a fifty day moving average of $1,322.88 and a two-hundred day moving average of $1,292.03. The company has a market capitalization of $12.19 billion, a price-to-earnings ratio of 19.91 and a beta of 0.89.

Coca-Cola Consolidated Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were given a dividend of $2.50 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $10.00 annualized dividend and a dividend yield of 0.72%. Coca-Cola Consolidated's payout ratio is 14.32%.

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.