Coca-Cola Co. (KO) reported first quarter comparable earnings of $0.46 per share Tuesday morning, which beat the consensus estimate of $0.45. Net operating revenues edged down 1 percent to $11.04 billion, while it beat consensus estimate of $11.02 billion.
Coca-Cola gapped open higher Tuesday and climbed during the first half hour of trade, before settling into a range. The stock closed up by 2.28 at $42.37, with volume at nearly a 7-month high. Coca-Cola has been on an upward trend for the last 2 months and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.