Earnings Season Heats up - 2 Consumer Stocks Could See Volatility Ahead

March CPI data was not what the bulls wanted to see, just as concerns about household spending emerge

Now is an ideal time of year if you love digging into economy-wide conditions and how those translate into firms’ bottom lines. With more than three months under their belts, CEOs and CIOs now have a sense of how 2024 is unfolding. Comments from executives over the next several weeks could offer color on financial guidance numbers through the end of the year. We’ve already seen cautious comments from the likes of Nike shares are in the red, sharply underperforming the S&P 500®.

Coke has topped analysts’ earnings estimates in each of the last 12 reports, per ORATS. Back in February, its management team hiked KO’s quarterly dividend from $0.46 per share to $0.485. So, while innovations in the Health Care sector could change demand for KO’s sugary soft drinks, there appear to be some fundamental tailwinds and signals lately. Investors will know a whole lot more after the Q1 report and shareholder meeting.

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