Coca-Cola to Report Q2 Earnings Amid Strong Stock Performance
Coca-Cola is set to report its second-quarter earnings before market open on Tuesday, with analysts expecting 93 cents per share and $13.16 billion in revenue. The company has seen strong demand from high-income consumers willing to pay for premium products, outperforming rival PepsiCo, which reported a decline in North American beverage volume earlier this month. Coca-Cola's stock is up nearly 19% year-to-date, surpassing the S&P 500’s gain of around 8%, with a market cap approaching $360 billion. The company recently faced a ransomware attack affecting its Fairlife dairy brand but has resumed most operations and stated that the incident will not have a material impact on financials or business. For fiscal 2025, Coca-Cola is projecting earnings per share growth of 8% to 9%, along with organic revenue growth between 4% and 5%. The results are expected to provide insight into how well the company can maintain its momentum amid economic uncertainty.
