- Coca Cola on Thursday posted in-line profits and slightly better-than-expected revenue for the fourth quarter.
- The financial results were impacted by currency headwinds and higher beverage prices as Coke battled higher import and transportation costs, the company said.
- The company also disappointed investors by providing a full-year outlook that fell short of Wall Street expectations.
- Watch Coca Cola trade live .
Coca Cola dropped 3.8% to $47.78 a share early Thursday after the company posted in-line earnings for the fourth quarter and provided a weak outlook.