NEW YORK (TheStreet) -- Coca-Cola (KO) - Get Report  is expected to report 2016 third-quarter earnings and revenue that have declined from the year-ago period before the market open on Wednesday. 

Analysts surveyed by FactSet are looking for adjusted earnings of 48 cents per share on $10.54 billion in revenue. For the 2015 third quarter, the Atlanta-based beverage company reported adjusted earnings of 51 cents per share on $11.43 billion in revenue. 

In the 2016 second quarter, Coca-Cola benefited from cost-cutting and marketing investments that supported volume growth, and these trends are expected to have continued into the third quarter, according to Zack's analysts.

But currency headwinds and softening demand will have weighed on Coca-Cola's revenue in the third quarter, Zack's analysts added.

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Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B.

Coca-Cola's strengths such as its growth in earnings per share, increase in net income, notable return on equity, reasonable valuation levels and expanding profit margins outweigh the fact that the company shows weak operating cash flow.

You can view the full analysis from the report here: KO

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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