Coca-Cola Earnings and Sales Beat Estimates Amid Price Increases


stock was rising after the beverage maker posted first-quarter earnings and revenue beats Monday following price increases.


(ticker: KO) posted first-quarter adjusted earnings of 68 cents a share on sales of $11 billion. Analysts surveyed by FactSet were expecting earnings of 65 cents a share on revenue of $10.8 billion. This time last year, the owner of Diet Coke and Minute Maid reported earnings of 64 cents a share on sales of $10.49 billion.

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