Let's Do the Numbers:
Based on estimates, investors are readying for a positive EPS reading of $1.16 per share and revenues of $12.39 billion. Can Coca-Cola Company manage the estimated 109% rise in EPS and 143% increase in revenues as analysts are predicting? We'll have to wait until Tuesday to find out.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | 87 cents | 72 cents | 89 cents | $1.02 |
EPS Actual | 86 cents | 72 cents | 92 cents | $1.06 |
Stock Performance:
At last check, shares of Coca-Cola Company were trading at $68.06. Shares are up 5% year to date.Average Stock Rating:
The average rating by analysts for Coca-Cola Company is a Moderate Buy. The strength of this rating has declined slightly over the past three months.Industry:
The beverages-soft drinks company's industry has seen price/earnings growth of 1.6% during the current fiscal year.
Finally, a description of the main business areas of the company, in case you need a little refresher: Coca-Cola Company is a leading manufacturer of nonalcoholic beverage concentrates and syrups.
Take Action:
Now that you've gotten an advanced peak at Coca-Cola Company's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
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