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Coca-Cola stock rises on Q1 earnings beat, reiterates full-year forecast

Yahoo Finance

Yahoo Finance Live’s Julie Hyman breaks down the rise in stock for Coca-Cola following first-quarter earnings.

Video transcript

JULIE HYMAN: Well, Coca-Cola, meantime, out with a beat on the top and bottom line, fueled by price hikes, as global unit case volume saw a 3% rise in the latest quarter. The beverage company reiterating its full-year forecast, continuing to expect commodity price inflation. That being a headwind on comparable cost of goods sold.

Be sure to tune in later in the 10:00 AM hour. We'll be taking a closer look at Coca-Cola's results with an analyst from Wedbush. Their Equity Research Senior VP will be talking about it at the bell a bit more as well.