Coca-Cola Co KO is reporting its second-quarter earnings on Tuesday. Wall Street expects 80 cents in EPS and $11.8 billion in revenues as the company reports before market hours.
A robust brand portfolio, strategic investments and growth across segments are likely to have aided Coca-Cola's (KO) Q2 sales and volumes. Inflationary pressures and currency woes may dampen results.
Coca-Cola's growth rate has been falling and was just 3% last quarter. Price hikes appear to be taking a toll on consumers, which could lead to more softness ahead.
With a growing convenience-store business, the company's shares are looking attractive.
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In the most recent trading session, Coca-Cola (KO) closed at $63.10, indicating a +0.43% shift from the previous trading day.
Coca-Cola (KO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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Coca-Cola has raised its dividend for 63 consecutive years. Starbucks' history of payout boosts may be shorter, but it's also quicker.
Coca-Cola (KO) closed at $62.96 in the latest trading session, marking a -1.25% move from the prior day.
We believe that Keurig Dr Pepper stock is a better pick than its industry peer – Coca-Cola stock (NYSE: KO). KO stock trades at a higher multiple of 6x sales, versus 3x revenues for KDP.