Can Coca-Cola’s Earnings Surpass 1Q18 Expectations?
Coca-Cola (KO) exceeded analysts’ earnings forecasts in three of the four quarters in 2017. For 1Q18, analysts expect the company’s adjusted EPS (earnings per share) to rise 7% on a YoY (year-over-year) basis to $0.46. The expected growth rate in adjusted EPS for 1Q18 compares with a 4.4% decline in its 1Q17 adjusted EPS. The company’s productivity efforts are likely to favor its bottom-line growth in 1Q18.