Earnings Alerts

Coca-Cola Icecek (CCOLA) Earnings: Q1 Net Income Falls 66%, Missing Estimates

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  • Coca-Cola Icecek‘s net income for the first quarter was reported at 1.28 billion liras.
  • This net income represents a 66% decrease compared to the same quarter last year.
  • The company’s net income was below analysts’ estimate of 2.12 billion liras.
  • Sales for the first quarter amounted to 36.2 billion liras, a 3.7% decrease from the previous year.
  • Sales slightly surpassed the estimate of 35.78 billion liras.
  • Analyst ratings for Coca-Cola Icecek include 18 buy ratings and 2 hold ratings, with no sell ratings.

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A look at Coca-Cola Icecek Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Coca-Cola Icecek AS, the company seems to have a promising long-term outlook. With strong scores in Growth, Resilience, and Momentum, Coca-Cola Icecek is positioned well for future success. The company’s focus on expanding and growing its operations, combined with its ability to withstand challenges and maintain a steady momentum, bodes well for its future prospects.

Although the Value and Dividend scores are average, it is the high scores in Growth, Resilience, and Momentum that indicate Coca-Cola Icecek‘s potential to continue thriving in the beverage industry. With a solid foundation in bottling and distributing a variety of drinks, Coca-Cola Icecek AS appears to be on a path towards sustainable growth and resilience in the market.

Summary: Coca-Cola Icecek AS bottles and distributes carbonated soft drinks and noncarbonated beverages.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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