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Coca-Cola earnings beat estimates as revenue rises 10%

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February 10, 2022
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A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen.
Artur Widak | NurPhoto | Getty Images

Coca-Cola on Thursday reported quarterly earnings and revenue that topped analysts’ expectations.

Shares of the company fell more than 1% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

Earnings per share: 45 cents adjusted vs. 41 cents expected
Revenue: $9.46 billion vs. $8.96 billion expected

Excluding items, Coke earned 45 cents per share, beating the 41 cents per share expected by analysts surveyed by Refinitiv.

Net salesrose 10% to $9.46 billion, topping expectations of $8.96 billion.

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PepsiCo beats on fourth-quarter earnings, but warns of cost pressure

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