Coca-Cola Earnings Surge: Investors Stay Cautious

Coca-Cola Expected to Report Strong Earnings despite Inflation and Stock Slump

Coca-Cola is anticipated to announce another impressive quarter of earnings, as consumers continue to demonstrate their loyalty to the brand despite higher prices. Analysts on Wall Street predict that for the final three months of 2023, Coca-Cola will post $10.7 billion in net revenue, reflecting a 4.7% increase from the previous year. Earnings are expected to come in at 49 cents per share, an increase of 8.9% from the same quarter in 2022.