{"symbol":"KO","fiscalQuarter":"Q2-2026","reportDate":"2026-07-21","reportTime":"BMO","status":"upcoming","company":{"name":"The Coca-Cola Company","sector":"Consumer Staples","industry":"Soft Drinks & Non-alcoholic Beverages"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/KO/earnings/Q2-2026","preBrief":{"companySnapshot":"The Coca-Cola Company (KO) is a leading beverage producer known for its iconic soft drinks and non-alcoholic beverages. Operating in the Consumer Staples sector, Coca-Cola plays a significant role in consumer spending patterns and brand loyalty, making it a key player in the beverage industry.","keyMetrics":[{"name":"Earnings Per Share (EPS)","why":"EPS is a crucial measure of profitability and reflects the company's ability to generate earnings for shareholders.","consensus":"N/A"},{"name":"Revenue Growth","why":"Revenue growth indicates the company's ability to increase sales and expand its market presence, which is vital for sustaining long-term growth.","consensus":"N/A"},{"name":"Market Share in Key Segments","why":"Understanding market share helps gauge Coca-Cola's competitive position and effectiveness in capturing consumer demand.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q1-2026, Coca-Cola reported an EPS of $0.86, exceeding expectations by 6.3%. The stock reacted positively, gaining 3.86% the following day.","promises":[]},"wallStreetExpectations":{"summary":"Overall expectations for Coca-Cola's upcoming earnings are cautiously optimistic, given its consistent track record of beating EPS estimates.","bullCase":"Investors may be encouraged by strong consumer demand and effective cost management, leading to higher-than-expected earnings and revenue growth.","bearCase":"Concerns about rising costs, changing consumer preferences, and potential market saturation could lead to disappointing results."},"optionsSignal":{"impliedMove":"3.9%","context":"The options market is pricing in a potential move of nearly 4% in either direction, suggesting uncertainty ahead of the earnings report."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+6.30%","reaction":"+3.86%"},{"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%"}],"pivotalQuestions":[{"question":"What is the expected EPS for Q2-2026?","whyItMatters":"Given Coca-Cola's history of beating EPS estimates, this number will be crucial for market sentiment and stock performance."},{"question":"How is Coca-Cola addressing rising input costs?","whyItMatters":"With inflation impacting many sectors, understanding how Coca-Cola manages costs will be key to assessing its profitability and future outlook."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $0.90 or higher would confirm strong demand and effective cost management.","bearTrigger":"An EPS below $0.80 would signal potential issues with profitability and market dynamics.","context":"This quarter's performance will hinge on Coca-Cola's ability to navigate rising costs and maintain consumer demand."},"scenarioPlaybook":{"beatAndRaise":"If Coca-Cola beats expectations, history suggests a stock increase of around 1.2%, confirming strong demand and operational efficiency.","inLineCautious":"A cautious in-line report may lead to muted stock movement as investors weigh management's commentary on future guidance.","miss":"If the company misses expectations, the stock could decline by approximately 2.23%, reflecting investor disappointment."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Consumer Staples","sampleSize":30,"fadeRate":"6 of 17 (35%)","insight":"This setup has occurred 30 times across Consumer Staples in the last 2 years. 11 of 17 (65%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 3.6%, with a raw directional average of +0.2% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate Coca-Cola's ability to manage costs effectively, leading to a stronger-than-expected EPS despite rising input prices.","supportingPoints":["Coca-Cola has consistently beaten EPS estimates, indicating strong operational execution.","The options market is pricing a 3.9% move, suggesting higher volatility than historical averages, which may reflect investor caution.","Insider buying activity suggests confidence in the company's future performance."],"riskToConsensus":"If input costs rise significantly and impact margins, it could lead to a downward revision of earnings expectations."},"whatToListenFor":["Any updates on pricing strategies to combat rising costs.","Insights into consumer trends and preferences in the beverage market.","Management's outlook on revenue growth for the upcoming quarters.","Details on new product launches or marketing initiatives.","Comments on international market performance, especially in emerging economies."],"metaDescription":"Coca-Cola (KO) reports Q2 2026 earnings July 21. Analysts expect strong EPS growth amid rising consumer demand."}}