Coca-Cola shares rise about 1% in premarket trading as the company raises its full-year profit forecast.
Oct 27, 19:04
October 27th, Coca-Cola's third-quarter net revenue was $13.4 billion. Third-quarter comparable earnings per share were $0.91, estimated at $0.88. Coca-Cola expects full-year comparable earnings per share to grow at least 11%, previously expected to grow 9% to 10%. Coca-Cola expects full-year capital expenditures of approximately $2.2 billion, previously expected at $2.2 billion.
According to data from the BIT stock platform, Coca-Cola's US stock rose about 1% in pre-market trading.