Two of the most successful companies in U.S. history are centered around beverage products. Of course, I’m talking about Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP). The two firms’ sodas have become well-known and popular in much of the world, with KO, in particular, becoming quite ubiquitous globally. As a result of these trends, the market capitalizations of Coca-Cola and Pepsi are a huge $257 billion and $240 billion, respectively. But other U.S. beverage firms have also been successful. For example, th ...

Investors are always looking for stocks that are poised to beat at earnings season and The Coca-Cola Company (KO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Coca-Cola is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

Key TakeawaysCoca-Cola Co. is projected to maintain its momentum with fourth-quarter net income advancing 10% and revenue up 7% at $10.8 billion.Analysts are looking for a big jump in Coca-Cola's revenue earned in Latin America and nearly 5% growth from North America.Investors will be monitoring the company’s results on unit case volume to see if consumers continue to accept higher prices from inflation or if weight-loss drugs begin to cut into sales.Coca-Cola Co. (KO) is expected to keep up the momentum fr ...

The Coca-Cola Company (KO) is expected to register top-line growth when it reports fourth-quarter 2023 numbers on Feb 13, before the opening bell. The Zacks Consensus Estimate for the company’s fourth-quarter revenues is pegged at $10.6 billion, suggesting 5% growth from the prior-year quarter’s reported figure.For fourth-quarter earnings, the consensus mark is pegged at 48 cents, indicating 6.7% growth from the year-ago quarter’s reported figure. The consensus mark has been unchanged in the past 30 days.Fo ...

Analysts on Wall Street project that Coca-Cola (KO) will announce quarterly earnings of $0.48 per share in its forthcoming report, representing an increase of 6.7% year over year. Revenues are projected to reach $10.64 billion, increasing 5.1% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...

Coca-Cola (KO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this world's largest beverage maker have returned -0.1% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Beverages - Soft drinks industry, to which Coke belongs, has gained 2.3% over this period. Now the key question is: Where could the stock be headed in the near term?While media r ...

The quest for the most promising value stocks continues as the market has been overshadowed by growth companies in 2024. Identifying these hidden gems requires careful due diligence amid market volatility. Value stock investing involves selecting companies that are trading below their intrinsic value. Investors can look at traditional valuation metrics like P/B ratio, P/E ratio, FCF and dividend yield. While this is only a small part of the equation, it is certainly a good place to start. Now, let’s discove ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Coca-Cola (KO) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 13. O ...

Justin Sullivan Thesis Coca-Cola (NYSE:KO) is a multinational beverage corporation headquartered in Atlanta, Georgia. Established in 1886, it is renowned for its flagship product, Coca-Cola, a carbonated soft drink. The company has grown to offer a diverse portfolio of beverages, including various sodas, juices, teas, and energy drinks. The company's size and reach make it one of the largest and most recognizable beverage companies worldwide. Coca-Cola's presence extends across a wide range of markets, and ...

Coca-Cola (KO) ended the recent trading session at $60.04, demonstrating a -0.83% swing from the preceding day's closing price. This change lagged the S&P 500's 0.32% loss on the day. Elsewhere, the Dow lost 0.71%, while the tech-heavy Nasdaq lost 0.2%.Shares of the world's largest beverage maker witnessed a gain of 1.46% over the previous month, beating the performance of the Consumer Staples sector with its gain of 1.08% and underperforming the S&P 500's gain of 4.59%.Analysts and investors alike will be ...