Morgan Stanely Cuts Earnings Estimates on Coca-Cola (KO)

Morgan Stanely Cuts Earnings Estimates on Coca-Cola (KO)

RSS

Because The Coca-Cola Company (KO) is seeing lower demand and unfavorable foreign currency exchange rates, Morgan Stanley analysts lowered their earnings estimates through 2014 on the world’s largest beverage company on Thursday.

The analysts maintain an “Equal-Weight” rating on KO.

Coca-Cola shares were down 13 cents, or +0.37%, during morning trading on Thursday. The stock is up +10.98% year-to-date.

The Bottom Line
Shares of Coca-Cola (KO) have a dividend yield of 2.77% based on last night’s closing price of $40.41 and the company’s annualized dividend payout of $1.12 per share.

The Coca-Cola Company (KO) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today