Coca-Cola beats earnings forecast as pricing jumps 11% and volume grows again

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Shares of Coca-Cola Co. rallied to an eight-month high before pulling back Monday, after the beverage giant beat earnings expectations for a 14th straight quarter as pricing jumped 11% and unit-case volume returned to growth.

While Chief Executive Officer James Quincey said on the post-earnings conference call with analysts that there was a “fair amount of uncertainty” about the operating environment ahead, the strong start to the year provided confidence in the company’s ability to achieve its full-year guidance.

The…

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