ATLANTA (AP) _ Coca-Cola Co. (KO) on Wednesday reported fourth-quarter profit of $1.46 billion.

On a per-share basis, the Atlanta-based company said it had net income of 34 cents. Earnings, adjusted for one-time gains and costs, were 47 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

The world's largest beverage maker posted revenue of $8.61 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $8.7 billion.

Coke shares have decreased slightly more than 9% since the beginning of the year, while the Standard & Poor's 500 index has risen 4%. The stock has decreased 17% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KO at https://www.zacks.com/ap/KO

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