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Bottles of Coca Cola displayed at a grocery store on April 24, 2023 in San Rafael, California.
Justin Sullivan | Getty Images
Coca-Cola on Wednesday raised its full-year outlook after reporting earnings and revenue that topped estimates.
Shares of the company rose less than 1% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: 78 cents adjusted vs. 72 cents expected
- Revenue: $11.97 billion adjusted vs. $11.75 billion expected
The beverage giant reported second-quarter net income attributable to shareholders of $2.55 billion, or 59 cents per share, up from $1.91 billion, or 44 cents…
Source cnbc.com
