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drinks posts

Coca-Cola: Pull-back is an opportunity to take a position

Posted Oct 20th 2009 5:30PM by Joseph Lazzaro (RSS feed)
Filed under: Coca-Cola (KO), Stocks to Buy

Coca-Cola's Q3 earnings of 83 cents per share beat the First Call Q3 EPS consensus estimate of 82 cents per share, and, of course, Wall Street drove the shares lower on the morning of the announcement.

Most likely, the above selling stems merely from short-term institutional investors (IIs) exiting the stock, which is why I'm reiterating my Buy rating for The Coca-Cola Company (NYSE: KO), first recommended on February 15, 2009 at a price of $42.68.

Continue reading Coca-Cola: Pull-back is an opportunity to take a position

Coca-Cola third quarter earnings preview

Posted Oct 19th 2009 6:00PM by Michael Fowlkes (RSS feed)
Filed under: Earnings Reports, Forecasts, Products and Services, Consumer Experience, Competitive Strategy, Coca-Cola (KO), PepsiCo (PEP), Market Matters, Recession

Soft drink giant The Coca-Cola Company (NYSE: KO) will be reporting its third quarter numbers tomorrow before the market opens.

The last time that Coca-Cola reported earnings was back in July when the company beat out analyst estimates by 3 pennies with a reported 92 cents per share. For the third quarter, analysts are expecting to the see the company show earnings of 81 cents per share.

Continue reading Coca-Cola third quarter earnings preview