Coca-Cola is expected to report its second-quarter earnings on Tuesday before the bell. Analysts forecast earnings per share of 93 cents and revenue of $13.16 billion. The beverage giant continues to benefit from strong demand driven by high-income consumers, unlike rival PepsiCo whose North American beverage volumes fell 4% in the second quarter. For the full year, Coca-Cola projects comparable earnings per share growth of 8% to 9% and organic revenue growth of 4% to 5%. The company also suffered a ransomware attack on July 17 targeting its dairy brand Fairlife, causing a temporary production halt that has since been largely restored.
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