WS #12902
Coca-Cola reported Q2 EPS of $0.97 vs $0.93 estimate, revenue $13.4B vs $13.17B, and raised FY26 adjusted EPS guidance, driving soft drink stocks higher. July US consumer confidence fell to 90.8, below the 92.4 forecast and prior 91.2, signaling weakening consumer sentiment amid Iran conflict and rising gas prices.
Coca-Cola Q2 Beat and Raised Guidance
Coca-Cola reported Q2 EPS of $0.97 vs $0.93 estimate, revenue $13.4B vs $13.17B, and raised FY26 adjusted EPS guidance, driving soft drink stocks higher.
July US consumer confidence fell to 90.8, below the 92.4 forecast and prior 91.2, signaling weakening consumer sentiment amid Iran conflict and rising gas prices.