Coca-Cola (NYSE:KO) increased its full-year earnings outlook after reporting second-quarter results that exceeded analysts’ expectations, supported by higher comparable earnings and continued revenue growth.
Shares edged higher in pre-market trading following the announcement.
Comparable earnings per share for the quarter ended 3 July rose 7% year over year to $0.97, beating the Bloomberg consensus estimate of $0.93.
Net revenue increased 7% to $13.4 billion during the period.
Company Improves 2026 Guidance
Following its stronger-than-expected quarterly performance, Coca-Cola raised its outlook for the 2026 financial year.
The company now expects organic revenue growth of approximately 5%, compared with its previous guidance of between 4% and 5%.
Coca-Cola also lifted its comparable earnings per share forecast and now expects annual growth of between 9% and 10%, up from its previous outlook of 8% to 9%.
Earnings Continue to Show Resilience
The improved guidance reflects continued momentum across Coca-Cola’s business as the company delivered earnings growth ahead of market expectations.
The stronger quarterly performance reinforced management’s confidence in the group’s ability to deliver higher profitability through the remainder of the year, supported by steady revenue growth and resilient consumer demand.
Coca-Cola stock price
