Coca-Cola Q2 Revenue Rises 6.7% to $13.37 Billion, Beating Estimates

Earnings
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Summary · why it matters

Coca-Cola reported second-quarter revenue of $13.37 billion, a 6.7% increase from a year earlier, surpassing the Zacks Consensus Estimate of $13.05 billion. Earnings per share came in at $0.97, up from $0.87 a year ago and above the consensus estimate of $0.92. North America net operating revenues reached $5.41 billion, exceeding the $5.21 billion analyst forecast, while Latin America surged 15.9% to $1.84 billion. Asia Pacific revenue was $1.58 billion, slightly ahead of the $1.55 billion estimate, and bottling investments contributed $1.53 billion, beating the $1.49 billion projection. Europe, Middle East & Africa revenue of $3.24 billion fell short of the $3.31 billion estimate, and corporate revenue declined 5.1% to $37 million.

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Consumer Staples · 2 stocks
The Coca-Cola Company
KO
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Coca-Cola reported Q2 revenue and EPS above estimates, with strong North America and Latin America results.