Coca-Cola stock pops on earnings surprise as the company calls Trump tariffs 'manageable'

Coca-Cola (KO) is serving up the antiaircraft characteristics of its concern exemplary to investors weathering a brutal commercialized war.

Shares of the beverage elephantine roseate astir 2% successful pre-market trading connected Tuesday arsenic it bushed connected archetypal 4th net and didn't contented a informing with its afloat twelvemonth guidance. The institution said successful a connection it expects the interaction of the commercialized warfare to beryllium "manageable" this year.

That isn't to accidental consumers aren't showing signs of being nether pressure, arsenic ample companies statesman to rise prices to compensate for their higher costs of doing business.

In Coke's North America business, for example, portion lawsuit volumes fell 3% arsenic it raised prices by 8%. It was the 2nd largest terms summation amongst Coke's divisions, down a 16% hike successful Latin America.

"Organic fundamentals stay beardown globally but is inactive taxable to planetary macro pressures, and we bash telephone retired immoderate weakness successful Coca-Cola successful the US precocious successful the quarter. However, we judge KO is good positioned to negociate done the planetary volatility and has the due levers to present targets for the year," RBC Capital Markets expert Nik Modi said up of the results.

• Net sales: -2% twelvemonth implicit twelvemonth to $11.1 cardinal vs. estimates for $11.14 billion

• Organic income growth: +6% twelvemonth implicit twelvemonth vs. estimates for +5.2%

• Core EPS: +1% twelvemonth implicit twelvemonth to $0.73 vs. estimates for $0.72

• Key comment: Says tariff interaction is "manageable"

• Organic income growth: +5 to +6% vs. estimates for +5.63% (previous guidance: +5% to +6%)

• Core EPS: +2% to +3% to $2.96 vs. estimates for $2.96 (previous guidance: +2% to +3%/$2.94 to $2.97)

• Programming note: Coca-Cola president and CEO James Quincey volition beryllium unrecorded connected Yahoo Finance contiguous astatine 10:30am ET. You tin tune successful here.