Coca Cola Ready for its Quarterly Earnings Release

Published on Monday, 06 February 2012 10:28 Written by Danny Miller

New York, February 6th (TradersHuddle.com) - Shares of Coca Cola Co. (NYSE:KO) traded lower by -0.30% ahead of its quarterly earnings release. Coca Cola, the owner of one of the most valuable brands in the world is expected to release its quarterly results on February 7^th.

Wall Street Analysts consensus calls for a profit of $0.77 a share on $10.99 billion revenue.

Coca Cola estimates have a range of $0.05 a share. The high estimate calls for profit of $0.8 a share and the low estimate is calling for a profit of $0.75 a share, a year ago for the quarter the company reported $0.72 a share.

The Coca-Cola Company (NYSE:KO) manufactures, markets, and distributes soft drink concentrates and syrups. The company also distributes and markets juice and juice-drink products. Coca-Cola, which owns one of the most valuables brands in the world, sells its finished beverage products primarily to distributors, and beverage concentrates and syrups to bottling and canning operators. The Coca-Cola Company was founded in 1886 and is based in Atlanta, GA.

Other companies on the watch on this earnings event are Dr Pepper Snapple Group, Inc. NYSE:DPS and PepsiCo, Inc. NYSE:PEP.