BUZZ-PREVIEW: Coca-Cola seen posting EPS rise, revenue dip in Q4

Reuters
11 Feb
BUZZ-PREVIEW: Coca-Cola seen posting EPS rise, revenue dip in Q4

** Coca-Cola KO.N shares up 0.5% to $64.17 ahead of Q4 results due before the opening bell on Tues

** The beverage maker is expected to report adj EPS of 52 cents on revenue of $10.68 bln, per LSEG data, vs yr-ago results of 49 cents per share and $10.95 bln in revenue

** Coke has met or beat EPS and revenue estimates in at least eight straight quarters

** Last week, PepsiCo PEP.O forecasted weak annual profit as Americans continue to pare back spending on soft drinks and snacks. PEP shares fell 4.5% on the news

** Of the 28 analysts that cover KO, the breakdown of recommendations is 21 "strong buy" or "buy" and 7 "hold" ratings

** Median analyst PT of $72 is down slightly from $73 a month ago and $75 on Dec. 10

** With move on the session, KO shares up 3.1% YTD vs 4.5% gain in Dow Industrials .DJI

(Reporting by Chuck Mikolajczak)

((charles.mikolajczak@tr.com; @ChuckMik;))

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