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20.07.2019 18:30:00

Will Coca-Cola Earnings Stay Flat in the Second Quarter?

Investors haven't shown Coca-Cola (NYSE: KO) stock much love during the latest market rally. The beverage giant's gains through the first half of 2019 trailed the S&P 500 by 10 percentage points, and its shares are also underperforming PepsiCo (NASDAQ: PEP) by about the same margin.The company has a chance to shift that negative dynamic when it announces second-quarter earnings results before the market opens on Tuesday, July 23. However, investors are expecting to see only modest sales growth in the context of improving profitability.Let's take a closer look.Continue reading
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