Coca-Cola (KO) delivered better-than-expected Q3 2021 results as strategic transformation allowed the company to navigate a dynamic environment. Revenue and earnings came in above consensus estimates, with the company updating its full-year guidance to reflect ongoing business momentum. KO shares rose 1.93% to close at $55.52 on October 27. Coca-Cola is a U.S. beverage company that manufactures and sells various non-alcoholic beverages worldwide. Its product line consists of sparkling soft drinks, water, enhanced water, sports drinks, juice, dairy, and energy drinks. Revenue came in at $10 billion, up 16% compared to the same quarter last year, and beat consensus estimates of $9.78 billion.
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