Economy Blog » Will Coke Match Pepsi’s Earnings Fizz? (KO, PEP)

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Will Coke Match Pepsi’s Earnings Fizz? (KO, PEP)

On Wednesday morning, we’ll get to see earnings out of Coca-Cola Co. (NYSE: KO). The estimates from First Call for the world’s leading beverage giant are $0.55 EPS on $7.01 Billion in revenues. Next quarter estimates are $0.62 EPS on $6.66 Billion in revenues and estimates for fiscal Dec-2008 are $3.00 EPS on $31.1 Billion in revenues. Analysts have an average price target north of $66.00. We recently chose Pepsico (NYSE: PEP) in an earnings and valuation measurement for our go-to defensive stock picks for the first part of 2008, and that was long before Pepsi did incredibly well off…
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