Coca-Cola Earnings: 3 Things to Watch
Investors are feeling cautious as we approach Coca-Cola's (NYSE: KO) third-quarter earnings report on Oct. 22. Sure, the beverage giant is likely to show a sharp sales growth rebound compared to the previous quarter that was severely impacted by COVID-19 social distancing efforts. Yet, unlike its peer PepsiCo (NASDAQ: PEP), Coke could take more than a year to return to its past expansion pace given the changes in consumer mobility.
Thursday's announcement will give shareholders a better idea about the timing of that rebound while answering key questions around earnings and cash flow.
Let's take a closer look at three things to watch for in the upcoming report.
Source Fool.com
