Abstract:Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion.
Coca-Cola reported its second-quarter earnings before the bell on Tuesday.
Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
Last quarter, Coke executives warned that the company would face tough comparisons in the second quarter to last year's results, given the year-ago period was the company's strongest in 2024. However, analysts are optimistic about the company — and its stock — because of its pricing power and global reach.
Shares of Coke have risen 13% this year, bringing its market value above $300 billion.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.