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Despite some firms reducing holdings, Coca-Cola reports strong earnings and a 20% stock increase.
Centurion Wealth Management and other firms have reduced their holdings in Coca-Cola, but the company has reported strong earnings and a solid revenue increase.
Coca-Cola's Q2 earnings per share of $0.87 surpassed expectations, and the company has set FY 2025 guidance at $2.970 EPS.
The stock has seen a 20% increase in the last quarter, with 70% of the shares held by institutional investors.
Coca-Cola has declared a quarterly dividend, providing a yield of 3.0%.
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A pesar de que algunas empresas están reduciendo sus participaciones, Coca-Cola informa de fuertes ganancias y un aumento del 20% en las acciones.