PREVIEW: Coca-Cola Q1 EPS seen dipping, rev estimated to rise

Shares in Coca-Cola KO.N lose a little fizz in broader market decline, down ~0.7% on Monday; Q1 report due before market open on Tuesday

Wall Street sees the soft drinks co reporting adj EPS of $0.71 vs $0.72 in year-ago quarter on rev of $11.14 bln vs $11.23 bln year-ago, according to latest data from LSEG

In last 8 quarters KO beat Street on rev every time and EPS met or beat every quarter

On April 24 rival PepsiCo PEP.O cut FY profit forecast, signaling higher costs, subdued consumer spending on uncertainty from U.S. President Trump's expansive tariff policies

But in contrast with Q4 weakness at PEP, KO had, in early Feb, reported a surprise Q4 rev increase with help from limited edition soda flavors and price hikes amid sluggish demand in broader packaged foods industry

KO, on track for 4th straight day of declines, last traded at $71.42 vs median PT of $78, up from $77 a month ago, as per LSEG

Of 28 analyst ratings, recommendation breakdown is 5 'strong buy,' 18 'buy,' and 5 'hold'

Including move on Monday, shares up close to 15% YTD vs near 4% gain for S&P 500 consumer staples index .SPLRCS

KO options imply a 3.3% swing for the shares, in either direction, by Friday, compared with the stock's 1.6% eight-quarter avg move on the day of results, according to Trade Alert