Is Coca-Cola Stock a Buy Now?
Coca-Cola (NYSE: KO) stock could make some big moves in late October. The beverage titan is due to report fiscal third-quarter earnings results early on Oct. 24, and that announcement could spark volatility given the big questions that investors have about the business.
The questions include concerns about flat sales volumes and worries that the company's product price increases won't be enough to keep revenue rising for much longer. Coke will also update investors on its short-term outlook for 2023 and its new capital return plans.
Let's take a look at what investors can expect to see in that report, and whether or not the stock is an attractive buy today.
Source Fool.com
