Coca-Cola Raises Outlook as Increased Volumes, Prices Boost Results
For the full year, Coca-Cola now projects adjusted earnings-per-share growth of at least 11%
By
Kelly Cloonan
ET
Unit case volume rose 5%, with growth in trademark Coca-Cola as well as in Coca-Cola Zero Sugar and Diet Coke. George Frey/Getty Images
raised its forecast for the year after higher volumes and prices lifted results in the latest quarter.
The beverage conglomerate on Tuesday posted a third-quarter profit of $4.06 billion, or 93 cents a share, compared with $3.68 billion, or 86 cents a share, a year earlier.
