Equity Profile

CCEP

Coca-Cola Europacific Partners PLC

Consumer StaplesSoft Drinks & Non-alcoholic Beverages$46.9B

Feb16Wed

Pre-Earnings Brief

UpcomingQ3-2020Pre-Market9:00 AM EST

Company Snapshot

Coca-Cola Europacific Partners PLC (CCEP) is a major player in the soft drinks and non-alcoholic beverages sector, focusing on bottling and distributing Coca-Cola products across Europe. With a market cap of $47 billion, the company is crucial in the consumer staples sector, especially as consumer spending patterns evolve post-pandemic.

Key Metrics to Watch

Revenue Growth

Revenue growth is essential to gauge how well CCEP is recovering from pandemic-related disruptions and adapting to changing consumer preferences.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how effectively the company is managing costs and driving sales.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CCEP Q3-2020 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 2Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+2.61%

Avg Stock Reaction

-0.52%

Last Quarter Recap

In the last quarter, CCEP reported an EPS of $0.33, beating estimates by 10.74%. The stock saw a modest increase of 0.35% the following day, indicating a positive market reaction.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as CCEP prepares to report its Q3 earnings. Investors are looking for signs of recovery in revenue and profitability.

Bull Case

The optimistic view hinges on strong revenue growth driven by increased consumer demand and effective cost management, potentially leading to a significant EPS beat.

Bear Case

Conversely, if CCEP fails to show adequate revenue growth or if costs rise unexpectedly, it could lead to disappointing earnings and a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth rate for the upcoming quarter?

Revenue growth will be a critical indicator of CCEP's recovery and ability to attract consumers post-pandemic.

How is CCEP managing its costs in the current economic environment?

Cost management is crucial for maintaining profitability, especially with rising inflation and supply chain challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate CCEP's ability to leverage its strong brand portfolio to drive recovery, especially in emerging markets.

Supporting Evidence

CCEP's recent product launches have shown positive early sales, indicating potential for revenue growth.

The company's focus on sustainability may resonate well with consumers, boosting brand loyalty.

Key Risk

If CCEP reports revenue growth exceeding 5%, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on CCEP's ability to navigate post-pandemic consumer behavior and manage costs effectively.

Bull Confirmed If

A revenue growth rate of over 5% would confirm the bull case, indicating strong consumer demand.

Bear Confirmed If

A revenue decline or flat growth would confirm the bear case, suggesting ongoing challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±2.31%

The options market is pricing in a modest move of about 2.31% in either direction, suggesting that traders expect some volatility around the earnings announcement.

Detail

ATM IV

0.3%

30d HV

25.7%

Calls (700)P/C Ratio: 0.14Puts (100)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CCEP beats expectations, history suggests a potential stock increase of around 0.35%, confirming a positive outlook.

In-Line / Cautious

An in-line report could lead to a muted reaction, as investors await further commentary on future growth prospects.

Miss

If CCEP misses expectations, the stock could drop by about 1.39%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on revenue growth and market share in key regions.
2Details on cost management strategies and their impact on margins.
3Insights into consumer trends and preferences post-pandemic.
4Any commentary on new product launches and their reception.
5Management's outlook on future growth and market conditions.

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Company Snapshot

Key Metrics to Watch

Revenue Growth

Revenue growth is essential to gauge how well CCEP is recovering from pandemic-related disruptions and adapting to changing consumer preferences.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how effectively the company is managing costs and driving sales.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CCEP Q3-2020 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 2Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

+2.61%

Avg Stock Reaction

-0.52%

Last Quarter Recap

In the last quarter, CCEP reported an EPS of $0.33, beating estimates by 10.74%. The stock saw a modest increase of 0.35% the following day, indicating a positive market reaction.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as CCEP prepares to report its Q3 earnings. Investors are looking for signs of recovery in revenue and profitability.

Bull Case

The optimistic view hinges on strong revenue growth driven by increased consumer demand and effective cost management, potentially leading to a significant EPS beat.

Bear Case

Conversely, if CCEP fails to show adequate revenue growth or if costs rise unexpectedly, it could lead to disappointing earnings and a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth rate for the upcoming quarter?

Revenue growth will be a critical indicator of CCEP's recovery and ability to attract consumers post-pandemic.

How is CCEP managing its costs in the current economic environment?

Cost management is crucial for maintaining profitability, especially with rising inflation and supply chain challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate CCEP's ability to leverage its strong brand portfolio to drive recovery, especially in emerging markets.

Supporting Evidence

CCEP's recent product launches have shown positive early sales, indicating potential for revenue growth.

The company's focus on sustainability may resonate well with consumers, boosting brand loyalty.

Key Risk

If CCEP reports revenue growth exceeding 5%, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on CCEP's ability to navigate post-pandemic consumer behavior and manage costs effectively.

Bull Confirmed If

A revenue growth rate of over 5% would confirm the bull case, indicating strong consumer demand.

Bear Confirmed If

A revenue decline or flat growth would confirm the bear case, suggesting ongoing challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±2.31%

The options market is pricing in a modest move of about 2.31% in either direction, suggesting that traders expect some volatility around the earnings announcement.

Detail

ATM IV

0.3%

30d HV

25.7%

Calls (700)P/C Ratio: 0.14Puts (100)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CCEP beats expectations, history suggests a potential stock increase of around 0.35%, confirming a positive outlook.

In-Line / Cautious

An in-line report could lead to a muted reaction, as investors await further commentary on future growth prospects.

Miss

If CCEP misses expectations, the stock could drop by about 1.39%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on revenue growth and market share in key regions.
2Details on cost management strategies and their impact on margins.
3Insights into consumer trends and preferences post-pandemic.
4Any commentary on new product launches and their reception.
5Management's outlook on future growth and market conditions.