Coca-Cola, cane sugar and Second quarter earnings
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Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations as strong demand in Europe offset weaker volume in other markets. Shares of the company fell less than 1% in premarket trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Alphabet, Tesla, KO, IBM, and PM headline a packed earnings week as global PMI data and policy shifts add fresh market tension.
Shares in the retailer jumped 38% as investors discussed whether it was the next meme stock. The heavily-shorted shares are still down nearly 30% over the past year. Target (TGT) s
The company confirmed speculation set off by President Trump last week that it will release cane-sugar-sweetened trademark Coke. The debut will happen in the fall. Record-setting markets have renewed retail investor appetite for meme stocks.
Detailed price information for Coca-Cola Company (KO-N) from The Globe and Mail including charting and trades.
Coca-Cola reported better than expected Q2 earnings while management hiked its full-year guidance. Read more to see the outlook for KO stock.
The soft-drink titan is expected to report revenue of $11.65 billion, 2.5% lower year-over-year, and earnings per share (EPS) of 74 cents, compared with 71 cents in the prior-year quarter.
The stock keeps trailing the market, but Coca-Cola's (KO 0.64%) business is just not slowing down. The beverage giant recently raised its 2023 outlook for the second consecutive quarter.
Coca-Cola reports its Q2 earnings on Tuesday, July 21, before the market opens. Current consensus expectations are for EPS of $0.42, which if confirmed would be 33% lower compared to the period ...