What You Need To Know Ahead of Coca-Cola’s Earnings

Key Takeaways

• Coca-Cola will report its third-quarter earnings before the market opens on Wednesday.
• Analysts expect the company to report lower revenue but slightly higher earnings per share than a year ago.
• Last week, rival Pepsi lowered its full-year organic sales outlook due partially to pressure in international markets.

Coca-Cola (KO) will report its third-quarter earnings before the market opens on Wednesday, and investors will be watching to see how the company fares compared with rival PepsiCo (PEP).

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.