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Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by higher demand for its beverages.
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by higher demand for its beverages. For the full year, Coke is now projecting comparable earnings per share growth of 8% to 9%, up from its prior forecast of 7% to 8%. It reiterated its previous outlook of organic revenue growth of 4% to 5%. Shares of the company rose more than 2% in premarket trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Coke reported first-quarter net income attributable to shareholders of $3.
