Earnings week ahead: Coca-Cola to post modest YoY growth, Airbnb upgraded
Investing.com — Here is your Pro Recap of the upcoming major earnings reports next week: Coca-Cola, Airbnb, Cisco Systems, and Coinbase.
Subscribe to InvestingPro for under $9/month and gain access to premium data and information on all companies in the market!!
Coca-Cola (NYSE:KO) is set to report its Q4 earnings on Feb 13, before the market opens. Street estimates stand at $0.49 for EPS and $10.66 billion for revenues.
Our ProTips — exclusive to InvestingPro users — underline Coca-Cola’s strength, including 53 consecutive years of dividend raise, upward earnings revision for the upcoming period by 8 analysts, and impressive gross profit margins.
Coca-Cola has been an integral part of our ProPicks Best of Buffett strategy. Powered by advanced AI technology, this strategy outperformed the market by a lofty 174.3% over the last decade.
Want to see more market-beating picks? Subscribe here and see all our six strategies with the best selection of stocks in the market at the tip of their fingers every month.
*Readers of this article get an extra 10% off our annual and 2-year Pro plans with codes PROPICKS2024 and PROPICKS20242.
Airbnb (NASDAQ:ABNB) is anticipated to announce its Q4 earnings on Feb 13, after the market closes, with analysts forecasting an EPS of $0.65 and revenues of $2.16B.
Earlier this month, several Wall Street firms raised their price targets on Airbnb ahead of the upcoming quarterly report.
Deutsche Bank raised the price target on Airbnb to $141.00 from $105.00 while maintaining a Hold rating.
On ABNB, we raise our 4Q nights expectations given constructive data checks with AirDNA and we are now ahead of the Street by ~1%. That said, we believe that this beat is well understood at this point and look
Read more on investing.com
