eps guidance

Coca-Cola Reports Q1 Earnings Beat, Raises Full-Year EPS Guidance

Coca-Cola reported first-quarter earnings and revenue that exceeded Wall Street expectations, with adjusted EPS of 86 cents versus 81 cents expected, and revenue of $12.47 billion versus $12.24 billion expected. The beverage giant raised its full-year comparable EPS growth guidance to 8%-9% from 7%-8%, while maintaining its organic revenue growth outlook of 4%-5%. Shares rose 1% in premarket trading following the report.