A Coca-Cola truck in New York City.
Alexi Rosenfeld | Getty Images
Coca-Cola on Tuesday raised its full-year outlook after beating Wall Street’s expectations for its quarterly earnings and revenue.
Shares of the company rose 2.5% 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: 69 cents adjusted vs. 64 cents expected
- Revenue: $11.05 billion adjusted vs. $10.52 trillion expected
Excluding items, Coke earned 69 cents per share.
Adjusted net sales rose 10% to $11.05 billion, topping expectations of $10.52 billion.