|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||56.21 - 57.26|
|52-week range||56.21 - 57.26|
|Beta (5Y monthly)||0.84|
|PE ratio (TTM)||0.12|
|Earnings date||26 Oct 2022 - 31 Oct 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In a challenging environment, when many other companies are lowering or even pulling their full-year guidance due to inflation and recession fears, Coca-Cola (NYSE: KO) is sticking with its guidance of 5%-6% comparable earnings-per-share (EPS) growth. In terms of revenue, Coca-Cola is putting its foot on the gas, now guiding to impressive 12%-13% organic revenue growth -- a big jump from the 7%-8% it guided to last quarter. In the past, I've sometimes been wary of Coca-Cola's high multiple.
Molson Coors shares are falling after mixed earnings results and an uncertain outlook for the remainder of the year.
Shares of global beer company Molson Coors (NYSE: TAP) fell as much as 11% in trading on Tuesday after reporting second-quarter 2022 financial results. The problem for Molson Coors is that it's feeling pressure from both sides. Revenue has become stagnant as craft beers take more market share, and that's made it almost impossible to have any pricing power.