Coca-Cola stock pops as earnings top estimates amid 'challenging' environment
Coca-Cola (KO) posted earnings results that beat Wall Street's expectations on Tuesday, continuing an early streak of strong third quarter reports from consumer-facing companies. Adjusted earnings came in at 0.78, per Bloomberg data. Organic revenue grew 6%, slightly higher than analyst estimates. "While the overall environment has continued to be challenging, we’ve stayed flexible — adapting plans where needed and investing for growth," chairman and CEO James ...