Coca-Cola beat expectations – Europe boosted quarterly results

According to CNBC, Coca-Cola’s adjusted earnings per share reached 87 cents, compared to the 83 cents expected by the market. Total revenue was $12.62 billion, which also slightly exceeded the preliminary forecast of $12.54 billion.

The company’s net sales increased by 1 percent year-on-year, while organic growth (adjusted for exchange rate and acquisition effects) was 5 percent. This is mainly due to price increases, which were felt worldwide, especially in European markets.

Strong Europe, mixed elsewhere

Coca-Cola highlighted that sales volumes in Europe remained strong, offsetting weaker performance in other regions, particularly the US and Asian markets. This regional difference played a key role in the overall positive results.

The company also slightly lowered its full-year earnings per share guidance, setting a target of 3 percent, the upper end of its previous forecast. However, it maintained its organic revenue growth target of 5-6 percent in 2025.

Investor reaction to the report was muted, with Coca-Cola shares trading slightly lower in premarket trading. In recent months, the stock has been trading between $60 and $64, showing a moderate but stable trend.