Coca-Cola posts strong fourth quarter revenue as global sales volumes rise

Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere.

Revenue for the Atlanta beverage giant rose 6% to $11.5 billion. That was better than the $10.68 billion Wall Street was expecting, according to analysts polled by FactSet.

Analysts had expected Coke’s unit case volumes to be up less than 1%. But the company reported unit case volumes up 2%, reversing a slide from earlier in the year.

Net income rose 11% to $2.2 billion for the October-December period. Adjusted for one-time items, the company earned 55 cents per share. That also beat analysts’ forecasts of 52 cents.