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Coca-Cola Advances But Underperforms Market: Key Facts
The most recent trading session ended with Coca-Cola (NYSE: KO) standing at $62.62, reflecting a +0.11% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.95%.
Prior to today's trading, shares of the world's largest beverage maker had lost 0.76% over the past month. This has was narrower than the Consumer Staples sector's loss of 4.12% and lagged the S&P 500's gain of 3.71% in that time.
The investment community will be closely monitoring the performance of Coca-Cola in its forthcoming earnings report. The company is expected to report EPS of $0.80, up 2.56% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $11.87 billion, down 0.81% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus ...