The Coca-Cola Company reported adjusted earnings of $0.86 per share for the first quarter of 2026. This result surpassed analyst expectations of $0.81 per share. Quarterly revenue reached $12.5 billion, exceeding the projected $12.27 billion. Company shares climbed in premarket trading following the announcement.
Organic revenue grew by 10% during the period. Global unit case volume increased by 3%, supported by expansion in China, the United States, and India. Coca-Cola Zero Sugar specifically recorded a 13% increase in volume. The company also gained value share within the total nonalcoholic ready-to-drink beverage market.
Management raised the annual comparable earnings per share growth forecast to a range of 8% to 9%. The previous guidance projected growth between 7% and 8%. These results from the sector leader provided a positive tailwind for the broader consumer staples category.