As of July 26, about 37% or ten out of 27 analysts had a “buy” rating for Coca-Cola’s (KO) stock. The stock was rated “hold” by 59% or 16 analysts.
Coca-Cola’s (KO) reported gross margin expanded to 62.3% in 2Q17 from 61.3% in 2Q17. The company’s adjusted gross margin increased 200 basis points to 62.6% in 2Q17.
Coca-Cola’s (KO) unit case volume remained unchanged in 2Q17 on a year-over-year basis. The company’s unit case volume was flat in 1Q17 also.
Coca-Cola (KO) generated revenue of $9.7 billion in 2Q17, exceeding the consensus analysts’ revenue estimate by 0.5%.
Coca-Cola (KO) delivered adjusted EPS (earnings per share) of $0.59 in 2Q17, beating the consensus analysts’ expectation of $0.57.
Coca-Cola’s (KO) stock price was up 1.1% to $45.74 on July 26 in reaction to the company’s 2Q17 results.
With respect to analysts’ recommendations, 21% of the 19 analysts covering Hershey stock maintain a “buy” rating, 68% recommend a “hold,” and 11% rate it a “sell.”
Hershey’s (HSY) 2Q17 adjusted operating profit margin expanded 270 basis points to 20.8%.
Hershey (HSY) expects to gain market share in the US during 2H17 on the back of its planned product pipeline and increased marketing.
Hershey’s (HSY) 2Q17 sales of $1.7 billion came out slightly ahead of Wall Street’s consensus estimate and increased 1.5% year-over-year.
Including its 2Q17 earnings beat, Hershey has surpassed analysts’ earnings estimates in the last nine consecutive quarters.
Hershey (HSY) posted better-than-expected 2Q17 results, which it released on June 26. Hershey’s sales and earnings per share beat Wall Street’s expectations.
Most analysts providing recommendations for Mondelēz International (MDLZ) have maintained a positive outlook on its stock.
Mondelēz is focusing on reducing costs to drive margins amid a soft sales environment. The company is streamlining its operations through a few different strategies.
Analysts expect Mondelēz International (MDLZ) to post sales of $6.0 billion in 2Q17, a fall of ~4.4% YoY (year-over-year).
Mondelēz International (MDLZ) is scheduled to report its 2Q17 earnings on August 2, 2017. Analysts expect Mondelēz to post adjusted EPS (earnings per share) of $0.46.
Mondelēz stock has taken a beating in the past month and a half amid industry-wide weakness, increased competition, changing retail dynamics, and cyber attacks.
As of July 25, Monster Beverage (MNST) was trading at a 12-month forward PE (price-to-earnings) multiple of 35.1x.
As of July 25, Monster Beverage’s stock was rated a “buy” by 78% of the 18 analysts covering the stock.
Monster Beverage (MNST) impressed investors with double-digit growth in its EPS (earnings per share), excluding one-time items, in 1Q17.