The Coca-Cola Company (NYSE: KO) on Tuesday reported adjusted earnings per share for the second quarter that beat Wall Street expectations on strong international growth. Shares rose $1.07, or 1.4 percent, to $77.55 in premarket trading.
The Atlanta-based beverage maker said its adjusted second-quarter earnings per share rose 4 percent to $1.22, higher than the $1.19 per share analysts polled by Bloomberg News expected.
International volume rose 5 percent, while North American volume was up 1 percent. Net revenue climbed 3 percent. Year-to-date cash from operations gained 15 percent.