{"symbol":"KO","fiscalQuarter":"Q1-2026","reportDate":"2026-04-28","reportTime":"BMO","status":"reported","company":{"name":"The Coca-Cola Company","sector":"Consumer Staples","industry":"Soft Drinks & Non-alcoholic Beverages"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/KO/earnings/Q1-2026","estimates":{"consensusEps":0.811,"consensusRevenue":12244.01,"epsLow":0.79,"epsHigh":0.8248,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"The Coca-Cola Company (KO) is a leading global beverage company known for its iconic soft drinks and non-alcoholic beverages. Operating in the consumer staples sector, Coca-Cola is significant due to its extensive distribution network and strong brand recognition, which are crucial in a competitive market focused on consumer spending and health trends.","keyMetrics":[{"name":"EPS","why":"Earnings per share (EPS) is a key indicator of profitability and helps investors gauge the company's financial health.","consensus":"$0.81"},{"name":"Revenue","why":"Revenue figures provide insight into the company's sales performance and market demand for its products.","consensus":"$12.2B"}],"lastQuarterRecap":{"summary":"In Q4 2025, Coca-Cola reported an EPS of $0.58, slightly exceeding expectations. However, the stock saw a decline of 1.49% the following day, indicating mixed investor sentiment.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect Coca-Cola to report solid earnings this quarter, with a consensus EPS of $0.81 and revenue of $12.2 billion. Investors will be closely watching for any signs of growth in key markets and product lines.","bullCase":"If Coca-Cola can exceed EPS expectations and show strong revenue growth, it may signal robust demand and effective cost management, potentially boosting investor confidence.","bearCase":"Conversely, if the company fails to meet earnings expectations or shows signs of declining sales, it could raise concerns about market share and profitability, leading to a negative market reaction."},"optionsSignal":{"impliedMove":"2.97%","context":"The options market is pricing in a nearly 3% move in either direction, suggesting that investors expect some volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q4-2025","epsSurprise":"+2.65%","reaction":"-1.49%"},{"quarter":"Q3-2025","epsSurprise":"+4.99%","reaction":"+4.06%"},{"quarter":"Q2-2025","epsSurprise":"+4.32%","reaction":"-0.59%"},{"quarter":"Q1-2025","epsSurprise":"+2.53%","reaction":"+0.78%"},{"quarter":"Q4-2024","epsSurprise":"+7.00%","reaction":"+4.73%"}],"pivotalQuestions":[{"question":"Will Coca-Cola's revenue growth meet or exceed the consensus estimate of $12.2 billion?","whyItMatters":"Revenue growth is crucial for assessing the company's ability to capture market demand and maintain its competitive edge."},{"question":"Can Coca-Cola achieve an EPS of $0.81 or better?","whyItMatters":"Earnings per share is a key indicator of profitability, and exceeding this estimate could signal strong operational performance."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $0.82 or higher would confirm strong demand and effective cost management.","bearTrigger":"An EPS below $0.79 would raise concerns about profitability and market share.","context":"This quarter's performance will hinge on Coca-Cola's ability to meet or exceed earnings expectations amid competitive pressures."},"scenarioPlaybook":{"beatAndRaise":"If Coca-Cola beats expectations, history suggests the stock could rise by about 0.66% on the following day, confirming positive market sentiment.","inLineCautious":"If results are in line with expectations, the stock may experience muted movement as investors await further commentary from management.","miss":"A miss could lead to a decline, with historical patterns indicating an average drop of around 0.66% when expectations are not met."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate Coca-Cola's ability to innovate and adapt to changing consumer preferences, particularly in healthier beverage options.","supportingPoints":["Coca-Cola's recent product launches have shown strong initial sales, indicating potential for revenue growth.","The company's strong brand loyalty may help it weather competitive pressures better than anticipated."],"riskToConsensus":"If Coca-Cola's new product lines show significant traction, it could challenge the current consensus on revenue growth."},"whatToListenFor":["Updates on revenue growth in key markets, especially emerging economies.","Any commentary on the performance of new product lines and health-focused beverages.","Insights into cost management strategies and their impact on margins.","Management's outlook on consumer trends and demand for non-alcoholic beverages.","Details on marketing strategies aimed at boosting brand engagement."],"metaDescription":"Coca-Cola (KO) reports Q1 2026 earnings April 28. Analysts expect $0.81 EPS on $12.2B revenue. Here's what to watch."},"postBrief":{"headline":"Coca-Cola Beats on EPS, Stock Down 1.55%","keyNumbers":[{"metric":"EPS","actual":"$0.86","expected":"$0.81","surprise":"+6.30%"},{"metric":"Revenue","actual":"N/A","expected":"$12.2B","surprise":"N/A"}],"managementCommentary":{"tone":"Cautiously Optimistic","keyQuotes":["We are seeing positive trends in consumer demand.","Our focus remains on innovation and expanding our product offerings."],"summary":"Management expressed cautious optimism about consumer demand trends. They emphasized a commitment to innovation and product expansion."},"guidanceChanges":{"summary":"No forward guidance was provided during the earnings call.","changes":[]},"whatItMeans":"Coca-Cola's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by 1.55%, likely due to the lack of revenue details and guidance. Investors may be concerned about future performance without clearer direction from management.","metaDescription":"Coca-Cola (KO) Q1 2026 earnings: EPS beat by 6.3%, revenue not disclosed. Stock down 1.55%. Full breakdown."}}