Coca-Cola (KO) is expected to report Q4 earnings before the open on Tuesday, February 7, with a conference call scheduled for 9:30 am ET.
Analysts are looking for a profit of 77c on revenue of $10.99B. The consensus range is 75c-80c for EPS, and revenue of $10.75B-$11.44B, according to First Call. During its last earnings conference call, Coca-Cola warned that currencies would adversely impact Q4 operating income by low to mid single digits and investors will be interested to learn what the final impact really was. The company may also offer interesting commentary on recent issues surrounding unapproved fungicide found in some of its orange juice sold in the U.S. The Wall Street Journal said today that it expects Coca-Cola to report solid profit, but sees 2012 as likely be a lot tougher. Also, Ad Age speculated last week that rival PepsiCo (PEP) may announce plans to increase its marketing investment by $400M-$500M in a bid to regain lost market share in its beverage segment.