Coca-Cola Company (KO - Get Report) is expected to report net income of $2.4 billion, or 56 cents a share, on sales of $9.4 billion before the market opens on Friday, based on a FactSet survey of 21 analysts.

In the same period a year ago, the company posted earnings of 58 cents a share on sales of $8.3 billion. It reported net income of $2.3 billion.

The stock has fallen 1.6% since the company last reported earnings on July 23.

Quarterly estimates have fallen less than 1 cent a share in the past month.

In the upcoming quarter, analysts are forecasting net income of $1.9 billion, or 44 cents a share, on sales of $8.9 billion.

Coca-Cola is currently trading at a price-to-forward-earnings ratio of 24.1 based on the 12-month estimates of 23 analysts surveyed by FactSet.

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.