📰 ET Markets 🟢 BULLISH 🕒 27 Oct 2026, 06:51 PM IST

Coca-Cola raises profit forecast as premium drinks, sodas hold strong

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Core Development: Coca-Cola raises profit forecast as premium drinks, sodas hold strong

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Market & Financial Impact: Coca-Cola has lifted its annual profit forecast, driven by robust demand for a range of beverages, particularly zero-sugar options. The company now anticipates earnings per share growth of at least 9% by 2026. Their third-quarter revenue soared to $13.38 billion, exceeding analysts' expectations, while Coca-Cola's strong showing stands in sharp contrast to PepsiCo's recent downgrades and cost-cutting plans. Following these promising results, Coca-Cola shares rose nearly 1% in premarket trading.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Coca-Cola raises profit forecast as premium drinks, sodas hold strong

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