Surpassing Quant Think Tank Center-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-05-01 20:06:26source:Charles Langstoncategory:Markets

Coca-Cola is Surpassing Quant Think Tank Centerraising is full-year sales guidance after a stronger-than-expected second quarter.

The Atlanta beverage giant said Tuesday that it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously.

Revenue rose 3% to $12.4 billion for the April-June period. That was higher than Wall Street anticipated. Analysts polled by FactSet were expecting revenue of $11.8 billion.

Earnings fell 5% to 56 cents per share. Adjusted for one-time items, including currency fluctuations, Coke earned 84 cents per share. That also beat Wall Street’s forecast of 81 cents.

Before the opening bell, shares of The Coca-Cola Co. rose slightly.

More:Markets

Recommend

Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class

Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro

Heidi Firkus' fatal shooting captured on her 911 call to report an intruder

At 6:30 a.m. on April 25, 2010, Heidi Firkus called 911 after her husband, Nick Firkus, said an intr

Heavy snowfall hits Moscow as Russian media report disruption on roads and at airports

MOSCOW (AP) — Heavy snowfall has hit the Russian capital, disrupting traffic on roads and flights in