Coca-Cola Reports Earnings Tuesday. What to Expect.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Many investors who piled into consumer staple stocks in 2022 to ride out market volatility have since pulled out.

Investor concerns over slowing demand and weight loss drugs may overshadow another quarter of solid earnings for Coca-Cola.

But an earnings beat may not be enough to push the stock higher. While Pepsi shares got a small bump immediately after the company posted earnings Oct. 10, they have since shed 0.4%. Year to date, Pepsi stock is down 11%. Coca-Cola shares closed 0.9% lower Monday, extending the stock’s 15% decline year to date.

Concerns over whether weight loss drugs will negatively affect demand for sugary snacks and drinks have also hurt shares of food and beverage makers such as Coca-Cola. While Coca-Cola has yet to address this—it may do so Tuesday—Pepsi said the impact so far has been negligible.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Coca-Cola Earnings Preview: Will Q3 Report Help Sustain Stock's Bullish Momentum?Stocks Analysis by Investing.com (Günay Caymaz) covering: Coca-Cola Co, Coca Cola Co, Coca-Cola Co BDR, Coca-Cola Co DRC. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Earnings playbook: How to trade a busy week of reports from companies including Microsoft and MetaBig Tech takes center stage in what could be a make-or-break week for S&P 500 earnings.
La source: CNBC - 🏆 12. / 72 Lire la suite »

The week ahead: Bond yields and earnings reportsThe 10-year US Treasury yield continues its march towards 5%, the yield surged by 30 basis points last week, which triggered a decline in risky assets
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

Morgan Stanley's Wilson: Next rally attempt will fail as investors are punishing earnings reports.Critical information for the U.S. trading day
La source: MarketWatch - 🏆 3. / 97 Lire la suite »