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Coca-Cola earnings beat estimates as revenue rises 10%

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Coca-Cola is about to report earnings. Here's what to expect

Wall Street analysts are expecting Coca-Cola to report quarterly earnings of 41 cents per share and revenue of $8.96 billion.

The beverage giant is facing higher costs and the potential drag on its business from the omicron variant. CEO James Quincey said on CNBC in October that the company's stock is likely getting punished for the away-from-home business.Artur Widak | NurPhoto | Getty ImagesShares of the company fell more than 1% in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $9.46 billion vs. $8.96 billion expected Excluding items, Coke earned 45 cents per share, beating the 41 cents per share expected by analysts surveyed by Refinitiv.

 

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