Coca-Cola Earnings Top Estimates, Outlook Upbeat Too

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Coca-Cola kicked off a busy earnings week with an upbeat outlook and first-quarter results that surpassed analyst expectations.

For the first quarter, Coke (ticker: KO) delivered adjusted earnings of 64 cents a share, higher than the consensus estimate of 58 cents, according to FactSet. Revenue of $10.5 billion was higher than analyst forecasts for $9.83 billion.

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