{"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 global beverage company known for its soft drinks and non-alcoholic beverages. Operating in the consumer staples sector, Coca-Cola plays a significant role in consumer spending trends and brand loyalty, making it an important player in the beverage industry.","keyMetrics":[{"name":"Revenue Growth","why":"Investors will be keen to see if Coca-Cola can maintain its revenue growth amid changing consumer preferences.","consensus":"N/A"},{"name":"Earnings Per Share (EPS)","why":"EPS is a key indicator of profitability and will help gauge the company's financial health this quarter.","consensus":"N/A"},{"name":"Market Share","why":"Understanding Coca-Cola's market share will provide insights into its competitive position in the beverage sector.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q1-2026, Coca-Cola reported an EPS of $0.86, surpassing estimates by 6.3%. The stock reacted positively, gaining 3.86% the next day.","promises":[]},"wallStreetExpectations":{"summary":"Overall, expectations are mixed as Coca-Cola prepares for its Q2-2026 earnings report. Investors are looking for continued growth and profitability.","bullCase":"If Coca-Cola continues to beat EPS estimates, it could signal strong brand loyalty and effective cost management, leading to a positive stock reaction.","bearCase":"On the other hand, if the company fails to meet growth expectations, it may raise concerns about its ability to adapt to changing consumer preferences."},"optionsSignal":{"impliedMove":"7.56%","context":"The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement."},"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 will the EPS be for Q2-2026?","whyItMatters":"The EPS figure will be crucial in determining whether Coca-Cola can maintain its profitability and meet investor expectations."},{"question":"How is Coca-Cola addressing changing consumer preferences?","whyItMatters":"Understanding Coca-Cola's strategy to adapt to market trends will be key in assessing its future growth potential."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $0.90 or higher would confirm strong profitability and market demand.","bearTrigger":"An EPS below $0.80 would raise concerns about the company's growth trajectory.","context":"This quarter's performance will be closely watched as it reflects Coca-Cola's ability to navigate a competitive beverage market."},"scenarioPlaybook":{"beatAndRaise":"If Coca-Cola beats expectations, history suggests the stock could rise by around 1.20%, confirming strong brand loyalty.","inLineCautious":"If results are in line but management is cautious, the stock may react neutrally as investors weigh future prospects.","miss":"A miss could lead to a decline, with historical data suggesting a potential drop of around 1.20%."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Consumer Staples","sampleSize":30,"fadeRate":"9 of 27 (33%)","insight":"This setup has occurred 30 times across Consumer Staples in the last 2 years. 18 of 27 (67%) held or extended their move within 5 days \u2014 this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate Coca-Cola's ability to adapt to changing consumer preferences, particularly in healthier beverage options.","supportingPoints":["Coca-Cola has a strong history of beating EPS estimates, indicating robust operational management.","The options market is pricing a larger move than historical averages, suggesting heightened expectations.","Recent trends in consumer behavior show a shift towards non-sugary beverages, which Coca-Cola is addressing."],"riskToConsensus":"If Coca-Cola's EPS comes in below $0.80, it could challenge the current bullish sentiment."},"whatToListenFor":["Any updates on new product launches in healthier beverage segments.","Insights on international market performance, especially in emerging markets.","Management's outlook on supply chain challenges and cost pressures.","Details on marketing strategies and brand positioning for the upcoming quarters.","Any commentary on sustainability initiatives and their impact on brand perception."],"metaDescription":"Coca-Cola (KO) reports Q2 2026 earnings July 21. Investors expect strong EPS growth amid changing consumer preferences."}}