Coca-Cola Stock Higher Following Q3 Results

The Coca-Cola Co KO reported earnings and revenue that came in higher than the estimates.

• The company reported adjusted EPS of $0.49, beats by a penny.
• Generated revenue of $10.6 billion, $0.09 billion higher than estimates.
• Full year comparable EPS forecast of 4–7 percent drop from $2.00 achieved in 2015 remain the same. No change in organic revenue outlook.

Following the results, the stock gained 1.32 percent to $43.10 in the pre-market session.