|Day's Range||116.09 - 116.67|
|52 Week Range||98.50 - 118.24|
|PE Ratio (TTM)||24.57|
|Dividend & Yield||3.22 (2.76%)|
|1y Target Est||N/A|
In the heat of the summer you might expect consumers to reach into the cooler and grab a soda, but it’s sparkling water that’s emptying shelves across the US these days.
Coca-Cola (KO) has gained 8.4% this year, not quite up to the S&P 500's 10.4% rise, but with the beverage giant set to report earnings on Wednesday, Coca-Cola has the chance to close the gap--or widen it either forward. Cowen's Vivien Azer and team expect Coca-Cola to report a profit of 59 cents a share, two cents ahead of Street forecasts, but acknowledge that they may be too optimistic.
Coca-Cola revenues have plummeted in recent years and the trend may not change anytime soon.