Coca-Cola hikes earnings outlook, even as it sees lackluster demand in North America

Multipacks of Coca-Cola Original Taste glass bottles, 4x200ml, line a supermarket shelf in Bari, Italy, on September 15, 2026. Matteo Della Torre | Nurphoto | Getty ImagesCoca-Cola on Tuesday raised its full-year outlook for the third straight quarter, despite lackluster demand in its home market.For the full year, Coke now expects comparable earnings per share to grow at least 11%, up from its prior forecast of an increase in the range of 9% to 10%. The beverage giant also anticipates that its organic revenue will climb at least 5%, a slight increase from its previous outlook of approximately 5% growth.Shares of the company rose about 1% in premarket trading.Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: 91 cents adjusted vs. 88 cents expectedRevenue: $13.4 billion vs. $12.92 billion expected Coke reported third-quarter net income attributable to shareholders of $4.01 billion, or 93 cents per share, up from $3.7 billion, or 86 cents per share, a year earlier.Excluding transaction gains and other items, Coke earned 91 cents per share.Net sales rose 7% to $13.4 billion. Coke's organic revenue, which strip...