A Coca-Cola building in Zagreb, Croatia, November 8, 2023.
Denis Lovrovic | AFP | Getty Images
Coca-Cola reported quarterly results and revenue on Tuesday that exceeded analyst expectations.
The beverage giant also raised its full-year organic sales outlook.
The company's shares rose less than 1% in premarket trading.
Here's what the company reported, compared to what Wall Street expected, based on a survey of analysts by LSEG:
- Earnings per share: 72 cents adjusted versus 70 cents expected
- Revenue: $11.30 billion versus $11.01 billion expected
Coke reported first-quarter attributable net income of $3.18 billion, or 74 cents per share, compared with $3.11 billion, or 72 cents per share, a year earlier.
Excluding items, the beverage giant earned 72 cents per share.
Net turnover rose 3% to $11.30 billion.