Coca-Cola Reports Earnings Tuesday. What to Expect.

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.

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