Coca-Cola beats Q1 EPS estimates with $12.47 billion revenue
Coca-Cola enters summer with momentum, up around 20% year to date as of July 17, with a market cap near $361.09 billion.
The company delivered EPS of 86 cents versus the estimated 81 cents on revenue of $12.47 billion, up 12.1% year over year.
This is the fourth consecutive EPS beat, with organic revenue up 10%, global unit case volume up 3% and Coca-Cola Zero sales growth.