Coca-Cola Earnings Preview: Diversifying Into Bottled Water

The Coca-Cola Company (NYSE:KO) will release its earnings for the third quarter of 2013 on Tuesday before the bell rings on Wall Street. Investors will be watching developing world growth closely in the report. As soda drinking continues to decline in developing economies, the firm’s alternative offerings, such as sports drinks and bottled water, will be watched closely. Analysts studying The Coca-Cola Company (NYSE:KO) are looking for earnings of 54 cents per share from the company in the report. In the same quarter of 2012 Coca-Cola earned 54 cents per share. The firm is expected to show revenue of $12.1…