Coca-Cola (KO) Q2 2021 revenue

A shopper scans a crate of Coca-Cola Co. soft drinks at a store in Orem, Utah, USA on Tuesday, February 9, 2021.

George Frey | Bloomberg | Getty Images

Coca-Cola on Wednesday reported second-quarter sales that exceeded 2019 levels, prompting the company to raise its outlook for the full year.

The company’s shares rose just under 2% in pre-market trading.

Here’s what the company said, compared to the expectations of Wall Street analysts surveyed by Refinitiv:

  • Earnings per share: 68 cents vs. 56 cents expected
  • Revenue: Expected $ 10.13 billion versus $ 9.32 billion

Coke reported net income of $ 2.64 billion, or 61 cents per share, for the second quarter, up from $ 1.78 billion, or 41 cents per share, a year earlier.

Without items, the company earned 68 cents per share, beating the 56 cents per share expected by the analysts surveyed by Refinitiv.

Net sales rose 42% to $ 10.13 billion, beating expectations of $ 9.32 billion.

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