Coca-Cola has recently reported its earnings for the first quarter of 2022 that soared by 24%. Despite the suspensions of its Russian business, the company’s first-quarter net income totaled
$2.781 billion. On a yearly basis, the carbonated soft drink manufacturer saw growth of 24%. Earnings per share in the first quarter came in at $0.64 compared to $0.52 a year earlier and topped analysts' expectations of $0.58. Coca-Cola's annual net sales rose by 16% to $10.491 billion and beat market forecasts of $8.6 billion.
The Coca-Cola Company was established in 1892. The firm is based in Atlanta, Georgia. Its most popular brands are Coca-Cola, Fanta, and Sprite.