Coca-Cola stock surges after profit and revenue beats, raised outlook
Shares of Coca-Cola Co. surged 3.0% in premarket trading Wednesday, after the beverage giant reported third-quarter profit and revenue that rose above expectations, with all geographic regions saw revenue and unit case volume growth, and raised its full-year earnings growth view. The company reported net income that rose to $2.47 billion, or 57 cents a share, from $1.74 billion, or 40 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came in at 65 cents... Читать дальше...