Resumo:Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion.
Coca-Cola reported its second-quarter earnings before the bell on Tuesday.
Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
Last quarter, Coke executives warned that the company would face tough comparisons in the second quarter to last year's results, given the year-ago period was the company's strongest in 2024. However, analysts are optimistic about the company — and its stock — because of its pricing power and global reach.
Shares of Coke have risen 13% this year, bringing its market value above $300 billion.
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