Coca-Cola to add new drink made with cane sugar
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Coca-Cola is less exposed to the U.S. market’s weakness in snacks and soda, compared with other food and beverage companies.
The Coca-Cola Company (NYSE:KO) will release earnings results for the second quarter, before the opening bell on Tuesday, July 22. Analysts expect the beverage company to report quarterly earnings of 84 cents per share,
Coca-Cola ( KO -0.20%) is an iconic consumer staples giant. The stock has long been a holding in Warren Buffett-run Berkshire Hathaway 's ( BRK.A -0.63%) ( BRK.B -1.30%) stock portfolio, which is a huge vote of confidence in the business.
Beverage company Coca-Cola (NYSE:KO) will be announcing earnings results this Tuesday before market open. Here’s what to expect.
Wall Street analysts are expecting Coca-Cola to report earnings per share of 83 cents and revenue of $12.54 billion for the second quarter. Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion. Coca-Cola is expected to report its second-quarter earnings before the bell on Tuesday.
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Entering trading this week, the stock has remained a solid buy, generating year-to-date returns of around 15%. Overall, if you want a good dividend stock that you can put in your portfolio and not worry about, Coca-Cola can make for an excellent option.
Coca-Cola's iconic brand power hasn't translated into strong investment returns. Click here to read what makes KO stock a Sell.
The Coca-Cola Company (NYSE:KO) is included among the 11 Best Halal Dividend Stocks to Buy Now. The Coca-Cola Company (NYSE:KO) has been in business for more than 100 years, and its long-standing presence and global reach are part of why it’s among Warren Buffett’s top picks.
The most-chosen retail brand has worked its way through one stock dividend and 10 forward splits, and turned a $40 initial investment into more than $639,000!