Coca-Cola Earnings Reports Expectations

Wall Street expects a drop in Coca-Cola (KO) results for the quarter ending in December 2020 compared to the same period of the previous year.

For a powerful factor that can affect the short-term stock price, it is necessary to examine how actual results compare to predictions. The stock may rise if high expectations are met in earnings reports expected to be released on February 10. But otherwise, the stock may fall.

Zacks Consensus Forecast

The world's largest beverage producer is expected to record quarterly earnings of $ 0.41 per share, down by -6.8 percent from the previous year. Revenues are expected to be $ 8.74 billion, down 3.6 percent from the previous quarter. Earnings growth or decline may not be the only basis for a stock that moves higher or lower. Many stocks lose value despite their gains due to other factors. Similarly, unpredictable factors do not prevent the stock from appreciating even though earnings remain below estimates. However, of course investing in stocks that are expected to exceed earnings expectations increases the chances of success. Coca Cola looks to be a lucrative candidate. However, investors should pay attention to other factors when investing in this stock..   Coca-Cola Earnings Reports Expectations Source: https://finance.yahoo.com/ You may also be interested in this:

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