At this time, I'd like to welcome everyone to the Coca-Cola Company's third quarter 2024 earnings results conference call. Today's call is being recorded. If you have any objections, please disconnect at this time.

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.

Coca-Cola reported solid organic growth despite currency challenges, closing the third quarter on a positive note.

(Reuters) -Coca-Cola said on Wednesday it expects annual organic sales at high-end of its previous range after posting a surprise quarterly rise on growing demand for its sodas and juices in the U.S., India and South Korea.

Earnings will likely come in at about $0.75 on a per-share and adjusted basis, slightly above the consensus estimate and the prior-year figure of $0.74.

ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Co. (KO) on Wednesday reported third-quarter earnings of $2.85 billion. On a per-share basis, the Atlanta-based company said it had profit of 66 cents. Earnings, adjusted for one-time gains and costs, came to 77 cents per share.

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.

Coca-Cola is about to report third-quarter earnings before the bell on Wednesday. In recent quarters, Coke has been besting rival PepsiCo, which has been hurt by the fallout from the Quaker foods recalls,

Analysts expect the soft-drink maker to report third-quarter adjusted earnings of 75 cents, a penny higher than a year ago.