Tuesday's trading session saw significant price movements for several stocks, with notable gap ups and downs. Let's dive into the key players and analyze their performance.
Coca-Cola (KO) - Gap Up
Coca-Cola stock gapped up before the market opened on Tuesday after the company announced better than expected quarterly earnings. The stock had previously closed at $64.55, but opened at $67.50. Coca-Cola shares last traded at $66.93, with a volume of 6,052,501 shares traded.
The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.51 by $0.04. Revenue of $11.5 billion showed annual growth nearing 7% and was $800 million ahead of the Street’s consensus. Adjusted organic revenues expanded 14% from a year earlier. Global unit case volume rose 2%, whereas analysts had expected a slight decline.
Marriott International (MAR) - Gap Down
Marriott International stock slipped on Tuesday as the hotel operator's guidance missed forecasts on slower room growth and profit. Shares of Marriott International (MAR) fell 4% after the company's fourth-quarter earnings and outlook.
Marriott International reported fourth-quarter adjusted EPS of $1.52, missing the consensus estimate of $1.55 by $0.03. Revenue of $5.2 billion was in line with expectations. The company guided for 2025 EPS of $7.75 to $8.25, below the consensus estimate of $8.37.
Sanofi (SAN) - Gap Down
Sanofi stock fell 4% on Tuesday as the pharmaceutical company's guidance missed forecasts on slower room growth and profit. Shares of Sanofi (SAN) fell 4% after the company's fourth-quarter earnings and outlook.
Sanofi reported fourth-quarter adjusted EPS of $2.88, missing the consensus estimate of $2.92 by $0.04. Revenue of $11.3 billion was in line with expectations. The company guided for 2025 EPS of $5.75 to $6.05, below the consensus estimate of $6.15.
In conclusion, Tuesday's trading session saw significant price movements for several stocks, with notable gap ups and downs. Coca-Cola (KO) and Marriott International (MAR) experienced gap ups, while Sanofi (SAN) faced a gap down. Investors should monitor these stocks and consider their performance when making investment decisions.
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