Coca-Cola Co (NYSE:KO) stock rose 0.34% (As on February 12, 11:27:26 AM UTC-4, Source: Google Finance) after the company reported a surprise increase in quarterly revenue, as unit case volume returned to growth and prices continued to rise. The company brushed off concerns about how tariffs announced by the Trump administration might affect costs and change business plans. Unit case volume was up 2%. In the previous quarter, case volume had fallen 1% to snap a six-quarter streak of growth.The increase in overall case volume was driven by growth in North America, Asia Pacific and Latin America, as increases in sparkling soft drinks, water, sports, coffee and tea offset declines in juice, value-added dairy and plant-based beverages. Price and mix rose 9% in the latest quarter, to mark the 11th-straight quarter of increases of at least 9%. In North America, unit case volume rose 1%, amid growth in sparkling flavors, Trademark Coca-Cola, juice, plant-based beverages and value-added dairy. Price/mix increased 12%, boosted by “pricing actions in the marketplace.” Net income for the quarter to Dec. 31 grew to $2.2 billion, or 51 cents a share, from $1.97 billion, or 46 cents a share, a year ago. Unit case volume grew 2% for the quarter, led by China, Brazil and the United States. Sparkling soft drinks grew 2% for both the quarter and the full year.

Further, for both the quarter and the full year, the company gained value share in total nonalcoholic ready-to-drink (“NARTD”) beverages. For the full year, cash flow from operations and free cash flow (non-GAAP) were $6.8 billion and $4.7 billion, respectively. Both decreased versus the prior year, primarily due to a $6.0 billion deposit made to the U.S. Internal Revenue Service (“IRS”) related to ongoing tax litigation (“IRS tax litigation deposit”). Free cash flow excluding the IRS tax litigation deposit (non-GAAP) was $10.8 billion, an increase of $1.0 billion versus the prior year, largely due to strong business performance and working capital benefits, partially offset by higher other tax payments and higher capital expenditures

KO in the fourth quarter of FY 24 has reported the adjusted earnings per share of 55 cents, beating the analysts’ estimates for the adjusted earnings per share of 52 cents. The company had reported the adjusted revenue growth of 6 percent to $11.40 billion in the fourth quarter of FY 24, while the FactSet consensus called for a decline to $10.68 billion.

Looking ahead, the company expects full-year 2025 adjusted EPS to increase by 2% to 3% from 2024, while the current FactSet consensus of $2.95 implies 2.4% growth.