Coca-Cola Tops Q2 Estimates, Raises Profit Outlook

About Coca-Cola Tops Q2 Estimates, Raises Profit Outlook

Coca-Cola surpassed second-quarter earnings and revenue estimates, driven by strong demand in Europe. The company reported adjusted earnings of 87 cents per share and revenue of 12.62 billion dollars, both exceeding analyst expectations. Net income increased to 3.81 billion dollars from 2.41 billion a year earlier. Coca-Cola narrowed its full-year earnings growth outlook to 3% and maintains its forecast for organic revenue growth of 5% to 6% in 2025. Shares rose slightly in premarket trading, reflecting investor confidence.