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
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