Cola posted earnings and revenue that topped expectations. Higher prices helped to offset sluggish demand for beverages. Coke said it now expects organic revenue growth of about 10% this year, the high end of its previous range.

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

Coca-Cola Company (NYSE:KO) moved higher in early trading on Wednesday after edging past organic sales estimates with its Q3 earnings report and setting solid guidance. Revenue dipped 0.8% year-over-year to $11.

Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.

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.