The Coca-Cola Company (NYSE: KO) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 13, 2024.
Analysts expect the Atlanta-based company to report quarterly earnings at 49 cents per share, up from year-ago earnings of 45 cents per share. Coca-Cola is projected to report quarterly revenue of $10.68 billion, compared to $10.2 billion in the year-earlier quarter, according to data from Benzinga Pro.
Barclays analyst Lauren Lieberman, last month, maintained Coca-Cola with an Overweight and raised the price target from $60 to $66.
Coca-Cola India, a branch of the global beverage giant, Coca-Cola Company, recently said it is stepping into India's burgeoning ready-to-drink tea market with the introduction of "Honest Tea" — a subsidiary of the Coca-Cola.
With the recent buzz around Coca-Cola, some investors may be eyeing potential gains from the company’s dividends. As of now, the soft drink giant has a dividend yield of 3.09%, which is a quarterly dividend amount of 46 cents a ...