Coca-Cola Co reported a quarterly profit in line with analysts estimates as strong volume in Latin America and other parts of the world offset a decline in North America.

The world's largest soft drink maker said net income attributable to shareholders rose to $1.54 billion, or 66 cents per share, from $995 million, or 43 cents per share, a year earlier.

Analysts on average were expecting 66 cents per share, according to Thomson Reuters I/B/E/S.

Net operating revenue rose 5 percent to $7.51 billion.

Overall sales by volume rose 5 percent, after rising 2 percent in the third quarter, 4 percent in the second quarter and 2 percent in the first.

Coca-cola shares rose less than 1 percent in premarket trading.

(Reporting by Brad Dorfman. Additional reporting by Martinne Geller; Editing by Derek Caney)