The Coca-Cola Company (KO), headquartered in Atlanta, Georgia, is a beverage company that manufactures, markets, and sells various nonalcoholic beverages worldwide. With a market cap of $309.6 billion, the company also distributes and markets juice and juice-drink products to retailers and wholesalers worldwide. The world’s largest nonalcoholic beverage company is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Wednesday, Oct. 23.
Ahead of the event, analysts expect KO to report a profit of $0.75 per share on a diluted basis, up 1.4% from $0.74 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
