Coca-Cola Q1 earnings top estimates, revenue slightly misses

Published 29/04/2025, 12:26
© Reuters.

Investing.com -- The Coca-Cola Company (NYSE:KO) reported first-quarter 2025 results Tuesday, beating earnings expectations by $0.01 but falling slightly short on revenue. The beverage giant’s stock rose 1.1% following the announcement.

Coca-Cola posted adjusted earnings per share of $0.73, surpassing the analyst consensus estimate of $0.72. Revenue came in at $11.1 billion, just below the $11.2 billion analysts were expecting.

The company reported organic revenue growth of 6% YoY, driven by a 5% increase in price/mix and a 1% rise in concentrate sales. Unit case volume grew 2%, led by strong performance in India, China and Brazil.

"Our performance this quarter once again demonstrates the effectiveness of our all-weather strategy," said James Quincey, Chairman and CEO of The Coca-Cola Company. "Despite some pressure in key developed markets, the power of our global footprint allowed us to successfully navigate a complex external environment."

Operating margin expanded to 32.9% from 18.9% in the prior year quarter. Comparable operating margin improved to 33.8% from 32.4%, driven by organic revenue growth, cost management, and the timing of marketing investments.

For the full year 2025, Coca-Cola reaffirmed its organic revenue growth guidance of 5% to 6%. The company updated its comparable EPS growth forecast to 2% to 3%, which includes an expected 5% to 6% currency headwind.

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