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Coca-Cola beats expectations as ‘out-of-home’ business surpasses 2019

Coca-Cola beats expectations as 'out-of-home' business surpasses 2019

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Coca-Cola Co. KO, -1.55% stock rose 1.5% in Thursday premarket trading after the beverage giant reported fourth-quarter earnings and revenue that beat expectations. Net income of $2.414 billion, or 56 cents per share, was up from $1.456 billion, or 34 cents per share, last year.

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