Strong European Sales Propel Coca-Cola’s Financial Results

Coca-Cola (KO) has reported quarterly financial results that beat Wall Street forecasts as strong sales in Europe offset weakness in other markets around the world.Atlanta, Georgia-based Coca-Cola reported earnings per share (EPS) of $0.87 U.S., which topped the $0.83 U.S. consensus expectation of analysts.Revenue in the period totaled $12.62 billion U.S., which was ahead of the $12.54 billion U.S. forecast on Wall Street. Sales were up 1% from a year earlier. The company said its results for this year’s second quarter were largely driven by sales in Europe, which offset weakness in North America, Asia, and other regions. In terms of guidance, Coke lowered its outlook for earnings per share growth to 3%, which is at the top end of a previous range provided by the company. Management reiterated its forecast that revenue will likely increase 5% to 6% for all of this year.KO stock has risen 13% so far in 2025 to trade at $70.07 U.S. per share.