Coca-Cola Beats Earnings — Warren Buffett Watches Closely - video Dailymotion

Benzinga

Coca-Cola (NYSE: KO) just delivered a third-quarter earnings beat — reporting $0.82 per share vs the $0.78 analyst estimate and $12.46 billion in revenue vs $12.39 billion expected. While demand remains soft in North America, international sales and non-carbonated categories like water, sports drinks, and coffee helped lift results. Shares climbed nearly 3% in pre-market trading to $70.29 after the announcement.  The quarter also caught the attention of Warren Buffett, whose Berkshire Hathaway holds ~400 million shares of Coca-Cola — around 9% of the company — making it one of his largest investments. Despite softer U.S. consumer trends, Coca-Cola reaffirmed its 2025 outlook, expecting earnings to rise 3% and organic revenue growth between 5-6%. The company also sees a slight tailwind from currency effects heading into 2026.  Coca-Cola’s consistent performance, global reach, and pricing power make it a key consumer staple to watch — especially as investors compare its results with PepsiCo (NASDAQ: PEP) and other beverage giants.

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00:00This might look like just another earnings day for Coca-Cola, but behind these numbers is a story

00:05Warren Buffett's watching closely. You see, Coca-Cola just crushed earnings expectations

00:10again. The company reported Q3 earnings of $0.82 per share, beating Wall Street's $0.78

00:16estimate. Revenue came in at $12.46 billion, slightly above forecast, with organic sales up

00:226% year-over-year. Before the market opened, shares were already up nearly 3%, trading around

00:28$70.29. A strong reaction after weeks of underperformance versus Pepsi. And it's not

00:34just Wall Street watching, Warren Buffett's Berkshire Hathaway owns roughly 400 million shares of Coke,

00:40about 9% of the company, making it one of his top four holdings. So every quarter like this adds

00:46billions in paper gains. But it's not all sweet fizz. Demand for Coke soft drinks is still soft,

00:53especially among low-income U.S. consumers. North America and Latin America volumes were flat last

00:58quarter. Still, growth is bubbling elsewhere. Water and sports drink sales were up 3%, coffee and tea

01:05rose 2%, and the company's flagship zero-sugar line keeps expanding globally. Coca-Cola's keeping its

01:11full-year outlook intact, expecting EPS to rise around 3% and organic revenue to climb 5% to 6%.

01:19Executives even hinted at a currency tailwind heading into 2026. So while Pepsi may have set

01:24the bar high, Coke just reminded the market it's still the king of the cola wars.

Coca-Cola Beats Earnings — Warren Buffett Watches Closely

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