Coca-
Coca-Cola (KO) closed at $55.35 within the newest buying and selling session, marking a +0.6% transfer from the prior day. This alteration outpaced the S&P 500’s 0% on the day. On the similar time, the Dow added 0.08%, and the tech-heavy Nasdaq misplaced 0.18%.
Coming into in the present day, shares of the world’s largest beverage maker had gained 1.98% up to now month. In that very same time, the Client Staples sector gained 3.21%, whereas the S&P 500 gained 3.37%.
Wall Avenue might be searching for positivity from KO because it approaches its subsequent earnings report date. On that day, KO is projected to report earnings of $0.43 per share, which might signify no development from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $8.86 billion, up 25.47% from the year-ago interval.
KO’s full-year Zacks Consensus Estimates are calling for earnings of $2.10 per share and income of $36.78 billion. These outcomes would signify year-over-year adjustments of +0.96% and +15.46%, respectively.
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