Coca-Cola Earnings Preview (KO)
Symbols: KO
Coca-Cola (NYSE: KO) will be releasing their earnings report tomorrow morning before the market opens. Wall Street is anticipating the blue chip company to report earnings per share of $0.67 versus $0.64 in the year ago period.
In today's trading, KO lost 0.83% and closed at $52.65. Over the last 52 weeks, the stock has appreciated over 20%. I don't anticipate a huge move tomorrow after the numbers are released, as Coke shares are much less volatile than the market as a whole due to their high quality and the company's large market cap.
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