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Coke Versus Pepsi: Which Beats Low Q1 Earnings Expectations?

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Coca-Cola Company The NYSE:KO, Pepsico, Inc. NYSE:PEP - Coke Versus Pepsi: Which Beats Low Q1 Earnings Expectations?
  • The first-quarter earnings reporting season kicks into high gear this week.
  • Highlights will include the latest results from two beverage giant rivals.
  • Wall Street analysts are looking for earnings declines from both of them.

The new earnings season is underway, and among the highlights this week will be the first-quarter results from rival beverage giants The Coca-Cola Co KO 0.59% and PepsiCo, Inc. PEP 0.59%.

Wall Street analysts expect soft results from each of them, as they have faced such headwinds as a strong U.S. dollar and weakness in emerging markets, as well as an increasingly health-conscious American consumer. Consensus forecasts call for modest declines on the top and bottom lines from each of...