Companies

Coca-Cola’s Earnings Beats Estimates, Sees Market Challenges ‘Manageable’

The company is confident it can achieve its 2025 guidance and longer-term objectives through its ‘all-weather’ strategy.
Coca-Cola’s Earnings Beats Estimates, Sees Market Challenges ‘Manageable’
A Coca-Cola logo in a restaurant in Washington. Karen Bleier/AFP via Getty Images
Panos Mourdoukoutas
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Coca-Cola reported better-than-expected earnings for the first quarter despite lower sales due to market challenges. However, it sees these challenges as manageable, reaffirming its guidance. Shares rose in early Wall Street trading.

On April 29, the Atlanta-based beverage company, which manufactures and sells various nonalcoholic beverages in the United States and internationally, reported a 2 percent decline in net revenue to $11.1 billion.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”