Coca-Cola (KO) Q2 2023 earnings


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

0 0 votes
Article Rating

Low Fed interest rates reshaped the U.S. economy; here’s what’s next

Previous article

Mortgage demand drops as interest rates remain stubbornly high

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings