With a market cap of $307.4 billion, The Coca-Cola Company (KO) is a beverage titan that manufactures and sells various nonalcoholic beverages in the United States and internationally. Founded in 1886, the Atlanta, Georgia-based company provides sparkling soft drinks and flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages under the world-renowned Coca-Cola, Sprite, Fanta, Schweppes, Thums Up brands.
The beverage giant is expected to report its Q1 earnings on Tuesday, Apr. 29, before the market opens. Ahead of the event, analysts expect KO to report an EPS of $0.72 per share, unchanged from the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is admirable. Its adjusted EPS of $0.55 in the recent quarter surpassed analysts’ expectations by 7.8%, driven by robust demand for its world-renowned branded beverages.
