Here's what to expect from Coca-Cola earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Shares of Coke, which has a market value of $215 billion, have fallen 9% so far this year.

A person wearing a mask pushes a dolly cart past a Coca-Cola truck as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 16, 2020 in New York City.is expected to report its third-quarter results on Thursday before the bell.Earnings per share: 46 cents expectedThe coronavirus pandemic has upended Coke's business, introducing new challenges to its supply chain and shrinking its revenue.

Last quarter, Coke reported its largest quarterly decline in revenue in at least three decades. CEO James Quincey said at the time that its second quarter was expected to be its toughest of 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Stronger than ever': Here's what 4 Wall Street banks expect from Netflix's 3rd-quarter earnings report | Markets Insider
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what to expect from Chipotle earningsShares of Chipotle, which has a market value of $38 billion, have risen 62% so far this year. Salmonella?
Source: CNBC - 🏆 12. / 72 Read more »

Netflix Q3 Earnings Preview: Expect Subscriber Guidance to Be SurpassedWall Street won’t know if Netflix will beat its subscriber guidance in Q3 until the company reports earnings next week, but the signs are already there it will do just that, like it has in previous…
Source: Variety - 🏆 108. / 63 Read more »

Tesla reports earnings today: What to expect from Musk's third quarter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Insurer Travelers posts better-than-expected Q3 earningsInsurer Travelers Cos. Inc. undefined posted stronger-than-expected profit and revenue for the third quarter Tuesday, despite the impact of high catastrophe...
Source: MarketWatch - 🏆 3. / 97 Read more »