Coca-Cola Crushes Expectations with Strong Q3 Earnings and Revenue
  • 6 months ago
Coca-Cola reported quarterly earnings and revenue that topped analysts' expectations for Q3 2023. Earnings per share were $0.74 vs an expected $0.69. Revenue was $11.91 billion vs an expected $11.44 billion. Net income increased to $3.09 billion, up from $2.83 billion in Q3 2022. In North America, volume was flat but some brands like Coke Zero and Fairlife grew. Looking to 2024, Coke expects a mid single-digit currency headwind but will provide more details next year.
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