Coca-Cola Pre-Q1 Earnings: Do Positive Business Trends Suggest a Buy?
The Coca-Cola Company (KO) is slated to report first-quarter 2024 earnings on April 29, before the opening bell. The company is expected to register year-over-year top and bottom-line declines when it reports first-quarter numbers.The Zacks Consensus Estimate for first-quarter earnings is pegged at 71 cents per share, indicating a 1.4% decline from the prior-year quarter’s reported figure. The consensus mark for earnings has moved down by a penny in the past 30 days. For quarterly revenues, the consensus ma ...