Coca-Cola Tops Q2 2026 Estimates, Shares Rise 6%

Coca-Cola reported Q2 2026 adjusted earnings of $0.97 per share on July 28, beating the $0.93 analysts expected by 4.3%. Organic revenue grew 6%, unit case volume rose 5%, and both gross and operating margins expanded. Shares jumped 6%. Management's cautious 2026 revenue forecast raises the question: either guidance was conservative or a second-half slowdown is built in.