Coca-Cola Stock in Focus: A Look at the Earnings, Analyst Activity, Technical Picture - Coca-Cola (NYSE:K

Coca-Cola stock is trading at depressed levels. Where are KO shares going?

Earnings Preview & HistoryCoca-Cola is scheduled to report second-quarter earnings on July 28. The company is expected to report earnings per share of 93 cents along with revenue of $13.15 billion. For the prior quarter, Coca-Cola reported earnings per share of 86 cents, beating the consensus estimate of 81 cents. The company also posted revenue of $12.47 billion, exceeding the consensus estimate of $12.25 billion.Coca-Cola has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.05% and a revenue surprise of 0.01%.Analyst Consensus & Recent ActionsThe stock carries a Buy rating with an average price target of $89.92. Recent analyst moves include:

UBS: Buy (Raises Target to $98.00) (July 16)

Citigroup: Buy (Raises Target to $97.00) (July 14)

B of A Securities: Buy (Raises Target to $95.00) (July 10)