Coca-Cola beat earnings and revenue expectations for Q1 2025, maintains full-year outlook
From CNBC: 2025-04-29 07:27:00
Coca-Cola exceeded Wall Street’s expectations for Q1 earnings and revenue, maintaining its full-year outlook for 2025. Coke anticipates organic revenue growth of 5-6% and earnings per share increase of 2-3%. Unlike PepsiCo, Coke did not adjust its forecast, citing localized operations but potential cost increases due to trade conflicts.
In the first quarter, Coke reported adjusted earnings per share of 73 cents, beating the expected 71 cents, and adjusted revenue of $11.22 billion, surpassing the estimated $11.14 billion. Net income rose to $3.33 billion, with unit case volume increasing by 2% driven by growth in India, China, and Brazil.
Quarterly net sales dropped 2% to $11.13 billion, but organic revenue grew by 6% excluding acquisitions, divestitures, and foreign currency impact. Coke remains optimistic about its financial performance despite potential challenges from global trade tensions and economic uncertainties.
Read more at CNBC:: Coca-Cola (KO) Q1 2025 earnings
