Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.

Coca-Cola stock is lower Wednesday even after the soft drink maker reported better-than-expected Q3 earnings and revenue. Here's what Wall Street has to say.

However, in states which received normal rains, it has a mid-single-digit volume growth, said the Coca-Cola company Chairman and CEO James Quincey in an earnings call.

Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in third-quarter sales on Wednesday.

Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.

Coca-Cola's profit and revenue slip, but are better-than-expected as product price hikes continue in the third quarter

Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in quarterly sales on Wednesday.