Earnings

Coca-Cola (KO) Q2 2022 earnings

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A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen, Mexico.

Artur Widak | NurPhoto | Getty Images

Coca-Cola on Tuesday reported quarterly earnings that topped expectations as the beverage giant’s sales at restaurants, theaters and other venues recovered from the pandemic.

Here’s what the company reported, versus what Wall Street analysts surveyed by Refinitiv expected:

  • Adjusted earnings per share: 70 cents, versus 67 cents expected
  • Adjusted revenue: $11.3 billion versus $10.56 billion expected

The Atlanta-based maker of Sprite, Dasani and Minute Maid said it now expects organic revenue growth of 12% to 13% for the full year, up from its previous guidance of 7% to 8%. But it…



Source cnbc.com

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