Coca-Cola tops estimates, raises earnings outlook as global beverage demand rises

Bottles of Coca-Cola for sale at a store in LaBelle, Florida, Feb. 8, 2026. Zak Bennett | Bloomberg | Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations. For the full year, Coke is now projecting comparable earnings per share growth of 8% to 9%, up from its prior forecast of 7% to 8%. It reiterated its prior outlook of organic revenue growth of 4% to 5%. Shares of the company rose 1% in premarket trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 86 cents adjusted vs. 81 cents expected Revenue: $12.47 billion adjusted vs. $12.24 billion expected Excluding items, the beverage giant earned 86 cents per share. Adjusted net sales climbed 12% to $12.47 billion.