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SodaStream Stock Has a Lot to Prove on Wednesday

One of last year's biggest surprises is gearing up for its first major test of 2017. Shares of SodaStream (NASDAQ: SODA) soared 142% last year, and the company behind the carbonated beverage maker is reporting fresh financial results on Wednesday morning.

Analysts are holding out for modest growth on both ends of the income statement in this week's fourth-quarter report. They see a profit of $0.30 a share, just ahead of the $0.24 a share it posted a year earlier. Wall Street pros are also forecasting $124.75 million in revenue, an increase of 10.5% since the prior year's holiday quarter.

SodaStream's results will be a far cry from the $168.1 million it rang up when sales peaked during the 2013 holiday quarter. SodaStream is no longer the trendy company it was a couple of years ago, cashing in as making flavored soft drinks at home were all the rage. SodaStream has repositioned its namesake product as a maker of sparkling water, a platform that's gaining worldwide appeal. The rebirth of SodaStream is an...