# Investors often view Coke as a bellwether for consumers, especially in the U.S. Coke executives have reported weaker demand from budget-conscious consumers.

*business · news · 2026-04-28 · CNBC*

## Key points

- Coca-Cola will report first-quarter earnings before the bell on Tuesday.
- Analysts expect Coca-Cola to report 81 cents per share earnings and $12.24 billion in revenue.
- Premium brands Fairlife and Smartwater remain strong despite broader consumer weakness, driven by higher-income shoppers.
- Pepsi's North American beverage volume fell by 2.5%, while Keurig Dr Pepper saw over 11% sales growth.
- Coca-Cola forecasts full-year organic revenue growth of 4%-5% and EPS growth of 7%-8%.

**Companies:** Coca-Cola, PepsiCo, Keurig Dr Pepper
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/28/coca-cola-ko-q1-2026-earnings.html)

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