Coca-Cola Beats Q2 2026 Earnings Estimates, Shares Jump 6%

Coca-Cola posted Q2 2026 adjusted earnings of $0.97 per share on July 28, beating analyst expectations of $0.93 by 4.3%. Organic revenue grew 6%, unit case volume rose 5%, and both gross and operating margins expanded. Shares jumped 6%. The beat sits against Coca-Cola's own cautious 2026 revenue forecast — either management set that guide conservatively or a second-half deceleration is coming.