Beverage companies have been putting their best foot forward to spice up their product lines, which have been the key to driving their performance in recent quarters. PEP, KO, SAM and TAP are slated to report earnings beats in the coming weeks.
PepsiCo's (PEP) Q4 results are expected to reflect gains from the resilience and strength of global beverage and convenient food businesses, improved pricing trends, and innovation.
Boston Beer (SAM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.