Coca-Cola
stock was trading higher premarket Tuesday after the beverage maker beat third-quarter earnings and sales expectations and raised its revenue outlook for 2022.
For its third quarter,
Coca-Cola
(ticker: KO) reported earnings of 69 cents per share on revenue of $11.1 billion, up from the 65 cents a share on $10 billion in revenue the company posted in the same period of last year. Analysts surveyed by FactSet expected earnings of 64 cents a share on revenue of $10.5 billion for the third quarter.
