ATLANTA (AP) — Coca-Cola’s profit tumbled in the second quarter, hampered in part by a charge. But adjusted results still topped most expectations as more people shifted to juices and no-sugar sodas.

The world’s biggest beverage maker earned $1.37 billion, or 32 cents per share, for the three months ended June 30. That compares with $3.45 billion, or 79 cents per share, a year earlier.

Earnings, adjusted for one-time costs, were 59 cents per share. That’s better than the 57 cents per share analysts surveyed by Zacks Investment Research called for.

Revenue for the Atlanta company declined to $9.7 billion from $11.54 billion, hurt by the ongoing refranchising of bottling territories and foreign currency fluctuations. Analysts expected $9.71 billion in revenue, according to Zacks.

Coca-Cola anticipates full-year earnings per share will be flat to down 2 percent from the prior year’s $1.91 per share. Its previous outlook was for the results to be down 1 percent to 3 percent.

Coca-Cola Co.’s stock gained 14 cents to $45.38 before the market open on Wednesday.

_____

Elements of 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

_____

Keywords: Coca-Cola, Earnings Report, Priority Earnings