Coca-Cola's third-quarter performance exceeded expectations, and it raised its performance guidance for 2026
Ai Focus
Coca-Cola announced that its net revenue for the third quarter of 2026 was $13.4 billion, a year-on-year increase of 7%, exceeding analysts' expectations of $12.93 billion; adjusted earnings per share were $0.91, also higher than the expected $0.88. The company also raised its outlook for 2026, anticipating at least a 5% increase in organic revenue and a 11% increase in comparable earnings.
Coca-Cola announced that its net revenue for the third quarter of 2026 was $13.4 billion, a year-on-year increase of 7%, exceeding analysts' expectations of $12.93 billion.
The adjusted earnings per share are $0.91, which is higher than the market's expectation of $0.88.
Global unit box sales increased by 5%, with Zero Degree Coca-Cola sales in the international market growing by 16%, which supported the overall performance. However, sales in North America remained flat.
CEO Henrique Braun stated that the company continues to see stable business momentum.
Coca-Cola has also raised its performance outlook for 2026, expecting organic revenue to grow by at least 5% and comparable earnings to increase by 11%.
After the performance was released and the guidelines were updated, Coca-Cola's stock price rose to $93.54 in pre-market trading.
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