Coca-Cola revenue tops estimates on resilient demand, higher prices

Feb 13 (Reuters) – Coca-Cola beat Wall Street expectations for fourth-quarter revenue on Tuesday, as the beverage maker benefited from higher product prices and buoyant demand for its namesake drink and juices.

The company’s net revenue rose to $10.95 billion in the quarter compared with $10.20 billion a year earlier, while analysts estimated $10.68 billion, according to LSEG data. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun Koyyur)

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