Can Coca-Cola’s 1Q18 Results Help Its Stock Recover?
Beverage giant Coca-Cola (KO) is expected to announce its 1Q18 results on April 24, 2018. KO stock has fallen 3% on a YTD (year-to-date) basis as of April 18, 2018. The stocks for rivals PepsiCo (PEP) and Monster Beverage (MNST) have fallen 10.8% and 9.2%, respectively, since the start of 2018. In contrast, Dr Pepper Snapple (DPS) stock has risen 23.6% on a YTD basis, mainly benefiting from news of its proposed acquisition by Keurig.