Current:Home > StocksTrendPulse Quantitative Think Tank Center-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter -Horizon Finance Path
TrendPulse Quantitative Think Tank Center-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
Chainkeen View
Date:2025-04-10 02:55:21
Coca-Cola is TrendPulse Quantitative Think Tank Centerraising is full-year sales guidance after a stronger-than-expected second quarter.
The Atlanta beverage giant said Tuesday that it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously.
Revenue rose 3% to $12.4 billion for the April-June period. That was higher than Wall Street anticipated. Analysts polled by FactSet were expecting revenue of $11.8 billion.
Earnings fell 5% to 56 cents per share. Adjusted for one-time items, including currency fluctuations, Coke earned 84 cents per share. That also beat Wall Street’s forecast of 81 cents.
Before the opening bell, shares of The Coca-Cola Co. rose slightly.
veryGood! (76)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- A hat worn by Napoleon fetches $1.6 million at an auction of the French emperor’s belongings
- 'Lawmen: Bass Reeves' tells the unknown tale of a Western hero. But is it the Lone Ranger?
- NFL playoff picture: Browns, Cowboys both rise after Week 11
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Final inmate of 4 men who escaped Georgia jail last month is captured
- Vogt resigns as CEO of Cruise following safety concerns over self-driving vehicles
- Tributes for Rosalynn Carter pour in from Washington, D.C., and around the country
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Netanyahu says there were strong indications Hamas hostages were held in Gaza's Al-Shifa Hospital
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Online abuse of politically active Afghan women tripled after Taliban takeover, rights group reports
- Driving or flying before feasting? Here are some tips for Thanksgiving travelers
- F1 fans file class-action suit over being forced to exit Las Vegas Grand Prix, while some locals left frustrated
- In ‘Nickel Boys,’ striving for a new way to see
- Full transcript of Face the Nation, Nov. 19, 2023
- Dissent over US policy in the Israel-Hamas war stirs unusual public protests from federal employees
- Shippers anticipate being able to meet holiday demand
Recommendation
Tom Holland's New Venture Revealed
NATO chief commits to Bosnia’s territorial integrity and condemns ‘malign’ Russian influence
His wife was hit by a falling tree. Along with grief came anger, bewilderment.
Papua New Guinea volcano erupts and Japan says it’s assessing a possible tsunami risk to its islands
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Ohio State moves up to No. 2 ahead of Michigan in the latest US LBM Coaches Poll
Pope Francis: Climate Activist?
Jimmy and Rosalynn Carter captured on kiss cam at Atlanta Braves and Hawks games