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Coca-Cola Earnings Beat Q3 Estimates as Company Raises 2026 Guidance

Coca-Cola reported $13.4 billion in net revenue for Q3 2026, up 7% year over year and above analyst expectations of $12.93 billion. Adjusted earnings per share came in at $0.91, beating estimates of $0.88. Global unit case volume grew 5%, supported by a 16% increase in Coca-Cola Zero Sugar volume internationally. However, volumes in North America remained flat. CEO Henrique Braun said the company continued to see sustained business momentum. Coca-Cola also raised its 2026 outlook, projecting at least 5% organic revenue growth and 11% comparable earnings growth. Following the results and updated guidance, Coca-Cola shares rose to $93.54 in pre-market trading.

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