Coca-Cola (KO) delivered better than expected results for the second quarter ended July 1, 2022. Revenue and earnings came in above consensus estimates, demonstrating resilience in the marketplace amid ongoing global challenges. Following the solid results, Coca-Cola shares jumped 1.64% on Tuesday. Revenue and Earnings Surpassed Estimates Coca-Cola posted a 12% increase in revenue, which came in at $11.3 billion. The figure beat consensus estimates of $10.54 billion. Organic revenues were up 16% from the year-ago quarter, driven by strong performance across operating segments. Coca-Cola delivered earnings per share of $0.70, representing a 4% increase from the year-ago period. The figure topped analysts’ estimates of $0.67 a share.
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