Most of the brokerages from Wall Street have already analyzed that the stocks of KO would be announcing an EPS of $0.50 for the present quarter. In a report, four of the investment analysts provided estimates into the earnings of the company, with the highest estimate coming in at $0.51, and the ball being rolled at $0.48. The EPS reported by the company the previous year was $0.51, which indicates a negative annual growth rate of about 2%. The company will be posting their next results of quarterly earnings on the 20th of April.
The Stock Commentary On KO
According to a report, the stocks of KO had previously updated their quarterly report on the 9th of February. The EPS reported by the company for that quarter was $0.47, which was more than the estimate set by analysts at $0.42. The revenue generated by the company was $8.60 billion, which was slightly lesser than the consensus expectation of about $8.62 billion. The return on equity for the company was 41.37%, while KO enjoyed a 24.90% net margin.
There have been quite a few research equities that have commented on the stocks of KO. Guggenheim has already reduced the rating of the company from buy to neutral in a 5th January research note. HSBC has also reduced their price target of the company from $61 to $58, in a 13th January research note. The Royal Bank of Canada went the other way and increased the rating of the company from sector perform to outperform, with a price target that was increased from $55 to $60.
One of the investment analysts involved in the project has given the company a rating of sell, while six of them have issued KO with a hold rating. Ten analysts have provided the company with a rating of buy. The average rating of the firm is buy, with a $54.06 price target.
