Coca-Cola reported first-quarter 2026 net revenues of $12.5 billion. Comparable earnings per share reached $0.86, surpassing Wall Street estimates.
Net revenues increased 12% compared to the previous year. Comparable earnings per share grew 18% year-over-year. Unit case volume rose 3% across all operating segments.
The company raised its full-year comparable earnings growth forecast to a range of 8% to 9%. This outlook improved from the prior guidance of 7% to 8%.
Coca-Cola shares surged in pre-market trading following the announcement. The results serve as a positive signal for the broader consumer staples market and the VDC ETF.