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The Markets
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Food & drink

Coca-Cola Q3 financial results top estimates, company says drinks demand still flat

The Coca-Cola Company (NYSE:KO) on Tuesday reported third quarter 2025 financial results that exceeded Wall Street expectations on both its top and bottom lines, although the company cautioned that demand for its drinks is still soft.

The beverage giant reported adjusted earnings per share for the quarter of $0.82, better than the $0.78 analyst consensus estimate according to a survey by LSEG.

Coca-Cola's revenue for the period rose 5% year over year to $12.41 billion, edging past the $12.39 billion Wall Street forecast.

The company noted, however, that its unit case volume in both Latin America and North America was flat for the quarter.

“While the overall environment has continued to be challenging, we’ve stayed flexible — adapting plans where needed and investing for growth,” Coca-Cola CEO James Quincey said in a statement.

“We’re confident we can deliver on our 2025 guidance while also working to achieve our longer-term objectives.”

Coca-Cola also reiterated its full-year forecast, expecting comparable earnings per share to increase 3% and organic revenue to improve by 5% to 6%.

Coca-Cola shares rose nearly 3% in pre-market trading on Tuesday.

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