On Thursday Coca-Cola Co. announced a 18 percent drop in its fourth-quarter due to the impact of the stronger dollar.
There were also several write downs, despite this, the software giant sold more of its products around the world
The company results beat Wall Street estimates, with a 4 percent increase in worldwide case volume.
In the afternoon trading, shares rose 7 percent to $44.06
The Atlanta-based company earned $995 million, or 43 cents per share, in the quarter ended Dec. 31, down from $1.21 billion, or 52 cents per share, a year earlier.
Coke's revenue fell 3 percent to $7.13 billion from $7.33 billion a year ago.
The stronger dollar left many consumer products makers struggling during the quarter as the stronger dollar swallowed profits from products sold in other currencies.
Coca-Cola Co drinks reported a net loss of $1.45 billion, or $2.99 per share on Wednesday, compared to a net profit of $158 million, or 32 cents per share, a year ago.
In the recent year sales have dropped to $5.24 billion compared to $5.30 billion a year ago.
In 2008 as a whole profit fell 3 percent to $5.81 billion, or $2.49 per share, from $5.98 billion, or $2.57 per share, in 2007.