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北京时间·🕒 发布 22:42:59时区推断·⟳ 抓取 22:43:14·⚡ 决策 07-28 22:43:53 +39s·90.7 天前

可口可乐二季度业绩和全年指引高于预期,盘中股价已涨超6%

可口可乐二季度调整后EPS 0.97美元高于预期0.93美元,收入133.8亿美元高于预期131.6亿美元,并将全年可比EPS增速指引上调至9%–10%。

📄 原文CNBC Top News↗ 原文
Coca-Cola hikes full-year forecast. CEO tells CNBC the World Cup boosted its brands
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street's estimates, fueled by higher dema…
不做 可口可乐(KO.US)
财报利好方向明确,但KO.US为超大市值防御消费龙头,EPS beat和指引上修幅度有限,且信号到达时已盘中涨超6%,剩余短线edge不足,不追高。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

🔎 新鲜度:最早出现 2026-07-28 · 扩散 high · price-in 风险 high ↗

关键理由

  • 可口可乐二季度调整后EPS 0.97美元高于预期0.93美元,收入133.8亿美元高于预期131.6亿美元,并将全年可比EPS增速指引上调至9%–10%。
  • 公司全球单位箱销量增长5%,北美销量也增长3%,说明消费压力下饮料需求仍强。
  • 但KO.US为超大市值防御消费龙头,业绩 beat 幅度有限且信号到达时股价已盘中上涨超过6%,短线追多的剩余edge不足。

主要风险

  • 财报日盘中已大幅重定价,追高容易遇到高开高走后的回落或资金兑现。
  • 全年指引上修幅度仅约1个百分点,难以支撑在已涨超6%后继续给出事件交易仓位。

原文全文

展开原文 · 3,378 字
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street's estimates, fueled by higher demand for its drinks.
The company also hiked its full-year forecast. Coke is now projecting comparable earnings per share growth of 9% to 10%, up from its prior forecast of 8% to 9%. It also expects organic revenue to increase about 5%, on the high end of its earlier range of 4% to 5%.
Shares of Coke rose more than 6% in morning trading.
Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
- Adjusted earnings per share: 97 cents, vs. expected 93 cents
- Revenue: $13.38 billion, vs. $13.16 billion expected
Coke reported second-quarter net income of $4.43 billion, or $1.03 per share, up from $3.81 billion, or 89 cents per share, a year earlier.
Excluding asset impairments, restructuring costs and other items, the company earned 97 cents per share.
Net sales rose 7% to $13.38 billion. Coke's organic revenue, which excludes acquisitions, divestitures and currency fluctuations, jumped 6% in the quarter.
Tune in at 10:15 a.m. ET as Coca-Cola CEO Henrique Braun joins CNBC TV to discuss the company's earnings. Watch in real time on CNBC+ or the CNBC Pro stream.
The company's global unit case volume increased 5%, and every one of its reporting segments saw volume growth. The metric strips out pricing to reflect demand more accurately.
The consumer environment is "dynamic," CEO Henrique Braun said in a statement. The comment followed rival PepsiCo saying that shoppers' budgets tightened in the second quarter, leading to weaker sales in the U.S. for its snacks and drinks.
Global oil prices have swung dramatically due to the U.S. war with Iran, leading many consumers to temper their spending. In Coke's home market, the national average gas price hit a four-year high of $4.56 per gallon in late May.
"The economy is strong in many places, yet many consumers face inflationary pressures, geopolitical uncertainty and economic challenges," Braun said on the company's earnings conference call. "They are evaluating how they shop, what they value and what they want to put in their basket."
But Coke's results do not show consumers cutting back. Even in North America, volume grew 3% in the quarter.
The company credited its global World Cup campaign with driving higher demand. Two drinks in particular, its namesake soda and Powerade, saw higher volumes that the company attributed, in part, to the tournament's marketing. Coke volume increased 5% — the drink's biggest quarterly jump in 17 years, excluding the pandemic — and Powerade volume climbed 8% in the quarter.
Coke's water, sports, coffee and tea segment was the top performer this quarter, with volume growth of 6%. Out of those four categories, all but coffee saw their volume increase during the quarter.
Coke's sparkling soft drinks segment reported volume growth of 4%, helped in part by the lift in demand for its namesake soda and its line extensions. Coca-Cola Zero Sugar saw volume climbed 16%, while Diet Coke, or Coca-Cola Light as it is known in some markets, reported volume growth of 7%. Additionally, the relaunch of Mr. Pibb, with 30% more caffeine, led the drink brand's volume to climb 20% in the quarter, according to Braun.
Coke's juice, value-added dairy and plant-based beverage division saw volume growth of 2%.

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