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Maroc Maroc - WN.COM - Americas - 21/Oct 15:35

Coca Cola shares surge after posting strong Q3 earnings

Coca-Cola shares rose in premarket trading on Tuesday after the beverage giant reported third-quarter results that beat Wall Street estimates and reaffirmed confidence in its full-year and long-term guidance. The company also announced a $2.6 billion transaction involving its African bottling operations, marking another step in refining its global portfolio.Earnings and revenue beat expectations Coca-Cola reported adjusted earnings of 82 cents per share for the third quarter, surpassing analyst expectations of 75 cents, according to FactSet. Net revenue came in at...

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