business / news / / CNBC
Investors often view Coke as a bellwether for consumers, especially in the U.S. Coke executives have reported weaker demand from budget-conscious consumers.
Coca-Cola will report first-quarter earnings before the bell on Tuesday.
KEY POINTS
- Analysts expect Coca-Cola to report 81 cents per share earnings and $12.24 billion in revenue.
- Premium brands Fairlife and Smartwater remain strong despite broader consumer weakness, driven by higher-income shoppers.
- Pepsi's North American beverage volume fell by 2.5%, while Keurig Dr Pepper saw over 11% sales growth.
- Coca-Cola forecasts full-year organic revenue growth of 4%-5% and EPS growth of 7%-8%.
COMPANIES
Summarized by Newsio from CNBC. How we summarize →