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Bellwether stock #3: Coca-Cola (KO)

bellwether stocks coca-colaThe world's largest soft-drink maker, Coca-Cola (NYSE: KO), also is a Dow component. Like so many of the companies in the Dow, Coca-Cola has managed to beat its bottom-line earnings number. Profits for the recent quarter came in at 92 cents per share, topping analysts' forecast of 89 cents per share.

When it came to top-line revenues, Coca-Cola was flat. Operating revenue fell 9% to $8.27 billion, missing the consensus expectation of $8.57 billion. But the reason for the drag was due to the strong dollar.

Continue reading Bellwether stock #3: Coca-Cola (KO)

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Last updated: May 28, 2012: 06:04 PM

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