Friday, February 22, 2013

US Big Beverage Corps 4Q 2012 Earnings Up 8%

I found 7 US Beverage Corps filing with the SEC, which have already released their 4Q 2012 earnings and which also generated Adjusted After-tax Net Income of more than $100 mil in either the 4Q 2012 or in the 4Q 2011.

These 7 US Beverage Corps generated Total Adjusted After-tax Net Income of $2,875 mil in the 4Q 2012, up 8% from the 4Q 2011.  Coca Cola was the main driver of this total earnings growth.

Below is the Ongoing, Adjusted After-tax Net Income of these 7 US Beverage Corps for both the 4Q 2012 and the 4Q 2011.



4Q 2012 4Q 2011


Non-GAAP Non-GAAP


Adjusted Adjusted Increase Increase
  Net Net (Decrease) (Decrease)
Company Income Income Amount %

mils of $s mils of $s mils of $s
Beverage








Coca Cola 2,047 1,821 226 12%
Brown Forman 173 158 15 9%
Dr Pepper Snapple 171 181 (10) -6%
Coca Cola Enterprises 131 116 15 13%
MolsonCoorsBrew 126 176 (50) -28%
Constellation Brands 119 101 18 18%
Beam 108 109 (1) -1%





Total all 7 2,875 2,662 213 8%