Analistas bajan las ganancias estimadas para el 2001 y hoy es +2.73%.
Pariente mío el analista. (Por el nombre, digo).

Thursday August 31, 11:21 am Eastern Time
RESEARCH ALERT-Coke, Coke Enterprises estimates cut
NEW YORK, Aug 31 (Reuters) - Sanford C. Bernstein said on Thursday that analyst William Pecoriello had lowered his 2001 earnings forecasts for Coca-Cola Co. (NYSE:KO - news) and Coca-Cola Enterprises Inc. (NYSE:CCE - news) and had revised his outlook on soft drink companies based on summer sales and currency weakness.

-- Pecoriello said he expects 2001 price increases of at most 2 percent from CCE, Coca-Cola's largest bottler, and Pepsi Bottling Group (NYSE:PBG - news), PepsiCo Inc.'s (NYSE:PEP - news) largest bottler.

-- Previous 2001 price increase estimates were 2.5 percent for CCE and 2 percent for PBG.

-- said that while CCE had previously guided to price increases as high as 4 to 5 percent, ``we believe the continued sluggish U.S. volume growth will not allow for increases of that magnitude.''

-- said data show that U.S. soft drink volume remained weak in late July and early August, as expected.

-- said Coca-Cola was ``a bit weaker than we expected in the take-home channel.''

-- said Pepsi volume ``was flat and in line with our expectations'' of zero to 1 percent third-quarter U.S. volume growth.

-- lowered Coca-Cola 2001 EPS estimate to $1.75 from $1.79 to reflect the weakness in the euro.

-- said that ``despite the difficulty in predicting currency moves, it is clear our estimate --which didn't factor in currency -- is too aggressive given the continued weakness in the euro and lack of full year currency hedges for 2001.''

-- Coca-Cola 2000 EPS estimate unchanged at $1.45.

-- lowered CCE 2001 EPS and 2001 EBITDA estimates due to currency issues.

-- lowered CCE 2001 EPS to $0.66 from $0.69.

-- lowered 2001 EBITDA by $30 million -- $15 million due to currency and $15 million due to lower forecast price increases for 2001.

-- did not change PBG estimates of $1.72 EPS for 2001 and 11 percent EBITDA growth, which already factored in 2 percent pricing.

-- said PBG should meet or exceed earnings estimates ``over the next several quarters'' but he is ``still concerned'' with CCE, given sluggish U.S. volume, tougher fourth quarter comps, euro and British pound pressure on European operations, and price increases for 2001 that will likely be lower than management originally intended.

-- noted that Pepsi has 70 percent of its profits outside the United States, ``which should allow them to deliver at/above expectations for 2000/2001.''

-- shares of Coca-Cola were off $1-3/16 at $53 in morning trade. Coca-Cola Enterprises was down $3/8 at $18-9/16, Pepsi was unchanged at $41-15/16, and Pepsi Bottling was unchanged at $31-3/4.