Earnings on Tap: Coca-Cola
Coke will likely continue to move incrementally along as a number of key international regions offset weak growth in North America and Europe.
Coca-Cola (KO) is set to report second-quarter results before the market opens on Tuesday. Wall Street analysts expect the company to post earnings of $0.63 per share compared with $0.60 in the same quarter last year.
Last quarter, Coke revealed 4% global volume growth led by robust unit case volumes in key Asian markets such as Thailand, China, and India. Investors will be watching for sales-growth numbers in these markets to provide an indication of the company's performance and expect the sustained thrust into the emerging markets to continue to aid sales.
Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.