Coca-Cola Q3 Earnings Preview: Market Eyes Resilience Amid Macro Challenges
Coca-Cola (KO) prepares to report third-quarter earnings on October 21, with Wall Street anticipating $0.78 EPS (-1.3% YoY) and $12.41 billion revenue (+4% YoY). The stock's 12% YTD gain reflects confidence in its brand strength and pricing power despite tariff headwinds.
Piper Sandler highlights strategic retail partnerships and single-serve mini-can launches as growth catalysts. Analyst Mike Lavery maintains an Overweight rating with an $80 target, noting early sales uplift from convenience store initiatives.