BUZZ-Coca-Cola beats quarterly results estimates on strong demand

Reuters
02-11
BUZZ-Coca-Cola beats quarterly results estimates on strong demand

** Shares of beverage maker Coca-Cola KO.N up ~4% at $66.87 premarket

** Co beats quarterly results on resilient demand for its sodas and juices

** Posts Q4 adj. revenue of $11.40 billion vs analysts' estimates of $10.68 billion, as per data compiled by LSEG

** Quarterly adj. profit of 55 cents per share beats average estimate of 52 cents per share

** Co's global unit case volumes rose 2% after dipping 1% in the prior quarter

** KO rose about 6% in 2024

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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