Shares closed Tuesday's trading session up 0.04% to $92.01.
For the latest quarter, Wall Street is expecting 98 cents a share on revenue of $1.53 billion.
Profit is projected to be higher while revenue is anticipated to decline from a year ago when the company earned 88 cents a share on revenue of $1.509 billion during the same period.
The soda giant is likely to beat estimates in the latest quarter due to innovations, strong performance by non-carbonated beverages, robust marketing initiatives and productivity enhancements.
However, headwinds include foreign exchange and slowing volumes in its carbonated beverage segment as more consumers become more health conscious.
Separately, TheStreet ratings currently has a "Buy" rating on the stock with a letter grade of A+.
This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Recently, 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 articles's author.
You can view the full analysis from the report here: DPSDPS data by YCharts