Investing.com - The Coca-Cola Company (NYSE:KO) reported better than expected fourth quarter earnings ahead of Tuesday's opening bell, sending its shares higher in pre-market trade.
Coca Cola said adjusted earnings per share came in at 44 cents, above forecasts for adjusted earnings of 42 cents per share.
The beverage giant’s fourth quarter revenue totaled $10.87 billion, beating expectations for sales of $10.76 billion.
Immediately after the earnings announcement, Coca Cola shares rose 2.4% in trading prior to the opening bell to $42.22 from Monday's closing price of $41.23.
Meanwhile, U.S. stock futures pointed to a higher open. The Dow futures pointed to a gain of 0.6% at the open, the S&P 500 futures rose 0.6%, while the Nasdaq 100 futures tacked on 0.65%.