US Stock Market Move | Coca-Cola Company (KO.US) rose more than 3% in Q3, exceeding expectations.

On Tuesday, Coca-Cola Company (KO.US) rose more than 3% to $70.99. The financial report showed that Coca-Cola Company's Q3 revenue increased by 5% year-on-year to $12.46 billion, beating analysts' average expectation of $12.41 billion; organic revenue grew by 6%, also exceeding analysts' average expectation. Q3 operating profit was $3.982 billion, up 59% year-on-year; net profit attributable to shareholders was $3.696 billion, up 30% year-on-year. Adjusted earnings per share were $0.82, higher than analysts' average expectation of $0.78. Meanwhile, although Coca-Cola Company CEO James Quincey pointed out that the overall business environment remains challenging, the company still maintains its sales and profit targets for the year. James Quincey said, "We are confident in our ability to achieve our 2025 guidance targets while working towards our long-term goals." The company stated that it still expects adjusted organic revenue growth of 5% to 6% by 2025, as well as a 3% increase in adjusted earnings per share compared to $2.88 in 2024.