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Update: Coca-Cola FEMSA Shares Rise After Q2 Beat

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(Updates to add the company's share move in the headline and in the first paragraph.)

Coca-Cola FEMSA (KOF) shares were up 1.6% in Monday trading after the company reported better than expected Q2 earnings and revenue.

The company posted quarterly earnings of 29.57 Mexican pesos ($1.69) per ADS.

Two analysts polled by FactSet expected 27.83 pesos.

Revenue for the quarter ended June 30 was 76.32 billion pesos, up from 72.92 billion pesos a year earlier.

Analysts expected 75.66 billion pesos.

Price: $104.31, Change: $+1.60, Percent Change: +1.56%

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