Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

Coca-Cola shares surge 7% as earnings beat lifts outlook

Coca-Cola shares surged 6.9% to $89.89 on Tuesday, touching a 52-week high of $90.01 after the beverage giant raised its full-year forecasts and beat second-quarter estimates, supported by resilient US demand and a FIFA World Cup sales boost, according to a Reuters report.

Coca-Cola lifted its 2026 organic revenue growth forecast to about 5% from 4%–5% and raised its comparable earnings-per-share growth outlook to 9%–10% from 8%–9%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.