Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.
Here’s what Wall Street is expecting the company to report, based on a survey of analysts by LSEG:
- Earnings per share: 52 cents expected
- Revenue: $10.68 billion expected
Analysts are expecting the beverage giant to report a 2.5% decline in quarterly sales. Like many consumer companies, Coca-Cola has seen many shoppers become more price sensitive, although premium brands such as Fairlife and Topo Chico have still been reporting strong growth.
Coca-Cola’s away-from-home business has taken a hit as consumers spend less at restaurants, which can often mean buying a burger without the soda or trading down to a smaller drink size. McDonald’sreported on Monday the steepest drop in its quarterly U.S. same-store sales since the Covid-19 pandemic.
Coca-Cola will provide its full 2025 outlook when it reports fourth-quarter earnings, although the company is already expecting currency exchange rate changes to hurt its results. The company is projecting a low-single-digit headwind for comparable revenue and a mid-single-digit headwind for earnings per share.
Shares of Coca-Cola have risen 7% over the past year, raising its market cap to roughly $275 billion.
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