Coca-Cola Q3 Earnings Beat Expectations with Strong Revenue Growth and Margin Expansion
The Coca-Cola Company reported robust third-quarter results, with net revenue rising 5% to $12.5 billion and organic growth reaching 6%. Operating income surged 59%, while operating margin expanded to 32%, reflecting disciplined cost management and pricing power.
Earnings per share grew 30% to $0.86, outperforming analyst estimates despite currency headwinds. Global unit case volume increased 1%, underscoring resilient demand. Shares climbed 3.8% to $71.09 as investors rewarded the company's ability to navigate macroeconomic challenges.
CEO James Quincey attributed the strong performance to operational flexibility and brand strength. The results demonstrate Coca-Cola's pricing power and efficiency gains in a complex economic environment.