Coca-Cola beats Q3 expectations despite US flatness
Coca-Cola (KO) topped Wall Street's third-quarter expectations, reporting adjusted earnings of $0.91 per share versus the $0.88 expected. Revenue climbed to $13.38 billion, beating estimates of $12.92 billion. Despite softer performance in its domestic market, international growth helped fuel the beverage giant's results. Coca-Cola also raised its full-year guidance, now projecting adjusted EPS growth of at least 11%, up from its previous forecast of 9% to 10%.
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