Skip to content
Sign In Subscribe
Business

Coca-Cola Beats Earnings Estimates Despite Weak North American Demand

Third-quarter revenue rose 7% year over year to $13.4 billion, exceeding analysts’ expectations of $12.92 billion.

,   and  TIPP Staff
2 min read
Photo by Jeanson Wong / Unsplash

Coca-Cola raised its full-year earnings forecast for the third consecutive quarter after reporting stronger-than-expected revenue and profits, despite sluggish demand in North America.

The beverage company now expects adjusted earnings per share to increase at least 11% in 2026, up from its previous forecast of 9% to 10%. It also projects organic revenue growth of at least 5%.

💡
Third-quarter revenue rose 7% year over year to $13.4 billion, exceeding analysts’ expectations of $12.92 billion. Adjusted earnings reached 91 cents per share, beating the 88 cents forecast by analysts surveyed by LSEG. Net income increased to $4.01 billion from $3.7 billion a year earlier.

Global sales volumes grew 5% for a second consecutive quarter, supported by demand outside North America. Domestic volumes remained flat as inflation and economic uncertainty pressured consumers.

Coca-Cola reported stronger demand for its core soft drinks and water brands, while sports drinks declined and coffee and tea sales remained unchanged.

Related Tweet:

Also Read

Soccer Star Mbappé Faces Backlash In China Over Comment About Communist Leader
Mbappé said Tuesday that his remarks were poorly judged and acknowledged that they had offended people in China
tippinsightsTIPP Staff

Comments

Related

Latest