Coca-Cola's stock gains after profit matches but revenue rises above forecasts, as prices and volume both increased

Shares of Coca-Cola Co. KO, +0.24% edged up 0.4% in premarket trading after the beverage giant reported fourth-quarter profit that was in line with expectations, while revenue got a boost from increases in both price and volume. Net income slipped to $1.97 billion, or 46 cents a share, from $2.03 billion, or 47 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 49 cents matched the FactSet consensus. Revenue grew 7.2% to $10.85 billion, to beat the FactSet c ...