Coca-Cola reported earnings before the bell Thursday, Jan. 30.
The company reported earnings of 44 cents per share, and pretty much in-line with analysts forecasts. Revenues jumped 29% to $9.1 billion, topping analysts' estimates of $8.89 billion.
Looking into 2020, Coca-Cola said it sees comparable revenues rising only by 1%, as they're hit by a stronger U.S. dollar, although organic sales should rise by around 5%. Comparable earnings should rise by around 7% to $2.25 per share.
"We made good progress in 2019 by delivering on our financial commitments and growing in a more sustainable way," said CEO James Quincey. "We continue to transform the organization to act with a growth mindset, which gives us confidence in our 2020 targets and our ability to create a better-shared future for all of our stakeholders."
Over on TheStreet Live, Jim Cramer was asked what it would take--and if Coca-Cola even could--make it on Robinhood's top stocks list, preferably somewhere in the top five spots.
Cramer said that he doesn't think Coca-Cola can make it.
Watch the video above for Cramer's comments.
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