Beverages giant Coca-Cola Co. (KO) reported Thursday a profit for the fourth quarter that surged 66 percent from last year, on a revenue growth of 10 percent, steeply higher other income and lower interest expense.
Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company initiated its adjusted earnings and organic revenue growth outlook for the full-year 2022.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.