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Coca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant said that demand for its drinks is still soft but improving.

"After a slower start, we ended with improved performance during the quarter," CFO John Murphy said on the company's conference call on Tuesday.

Shares of Coke climbed more than 3% in morning trading.

Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:

Earnings per share: 82 cents adjusted vs. 78 cents expected

Revenue: $12.41 billion adjusted vs. $12.39 billion expected

Coke reported third-quarter net income attributable to shareholders of $3.7 billion, or 86 cents per share, up from $2.85 bi

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