Coca-Cola beats quarterly revenue estimates

Coca-Cola Co has reported quarterly revenue that beat analysts’ estimates.

Coca-Cola was helped by higher prices for its soft drinks and the gradual reopening of theaters and restaurants across the world as pandemic-related curbs ease.

Adjusted revenue rose to $9.47 billion in the fourth quarter ended Dec. 31 from $8.60 billion a year earlier.

Analysts had expected revenue of $8.96 billion.


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