Coca-Cola (NYSE:KO) reported its Q2 earnings results on Tuesday, July 26, 2022 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Coca-Cola beat estimated earnings by 4.48%, reporting an EPS of $0.7 versus an estimate of $0.67.
Revenue was up $1.20 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 1.35% drop in the share price the next day.
Here’s a look at Coca-Cola’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.41 | 0.58 | 0.55 |
| EPS Actual | 0.64 | 0.45 | 0.65 | 0.68 |
| Revenue Estimate | 9.83B | 8.96B | 9.75B | 9.25B |
| Revenue Actual | 10.49B | 9.46B | 10.04B | 10.13B |
To track all earnings releases for Coca-Cola visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
