Coca-Cola will report earnings Tuesday before market open. Last quarter, the company beat revenue expectations with $12.47 billion, up 11.2% year on year, and also exceeded organic revenue and EPS estimates. For this quarter, analysts expect revenue growth of 4% year on year, an improvement from the 2.5% increase in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, and Coca-Cola rarely misses Wall Street revenue estimates. The stock is heading into earnings with an average analyst price target of $88.30, compared to the current share price of $82.24.
The Coca-Cola CompanyEarnings report is upcoming; analysts expect revenue growth and have reconfirmed estimates, but actual results are unknown.
Coca-Cola Europacific Partners PLCAs a bottler, results may be influenced by Coca-Cola's earnings, but the article does not discuss CCEP specifically.