Is Coca-Cola Stock a Buy at Its 52-Week High?
Management expects volume, top-line, and earnings growth to continue for the rest of the year. Coca-Cola is guiding for 2024 organic revenue growth between 8% and 9%, a target that was revised higher compared to the 6%-to-7% range offered earlier in the year. The company also sees full-year comparable EPS growth of 4% to 5%, versus $2.69 in 2023.