Abstract We study the evolution of a initially coherent state of an electromagnetic field propagating in a Kerr medium with saturable nonlinearity. By using the quantum phase distribution formalism, we analyse the dependence of the output signal phase configuration upon input field amplitude. We observe that the saturation of the nonlinear contribution of the refractive index of the propagation medium introduces interference effects that compromise the observation of macroscopically well distinguishable components of the output state. For input amplitudes much larger than a characteristic saturation amplitude the final state differs from the input state only by an overall phase shift. Possible relevance of the present results in the experimental search of Schrodinger cat-like states using semiconductor-doped glass optical fibres is discussed.