Equity Profile

COKE

Coca-Cola Consolidated, Inc.

Consumer StaplesSoft Drinks & Non-alcoholic Beverages$11.8B

Jul29Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Coca-Cola Consolidated, Inc. is a major player in the soft drinks and non-alcoholic beverages sector, focusing on bottling and distributing Coca-Cola products....

Key Metrics to Watch

Revenue Growth

Revenue growth is crucial for understanding how well the company is expanding its sales and market presence.

N/A

Earnings Per Share (EPS)

EPS indicates the company's profitability on a per-share basis, a key measure for investors.

N/A

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

COKE Q2-2026 Earnings Preview

Context

Company Snapshot

Coca-Cola Consolidated, Inc. is a major player in the soft drinks and non-alcoholic beverages sector, focusing on bottling and distributing Coca-Cola products. As a key company in the consumer staples sector, it plays a vital role in the beverage market, which is influenced by consumer spending trends and health-conscious choices.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

+0.04%

Last Quarter Recap

In Q1-2026, Coca-Cola Consolidated reported an EPS of $1.79, with the stock declining by 2.27% the following day. The company did not provide specific revenue estimates or guidance, leaving investors uncertain about future performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for Coca-Cola Consolidated's upcoming earnings are mixed, with uncertainty surrounding revenue and profitability due to a lack of guidance. Investors are keenly watching for any signs of growth or market share changes.

Bull Case

The optimistic view hinges on potential revenue growth driven by new product launches and increased consumer demand, which could lead to improved EPS.

Bear Case

On the downside, if the company reports disappointing sales figures or fails to capture market share, it could lead to a significant drop in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for the quarter?

This figure will be critical in assessing the company's ability to expand its market presence and attract consumers.

How is the company addressing competition in the beverage market?

Understanding the company's strategies to maintain or grow its market share will be essential for evaluating its future prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Coca-Cola's ability to innovate and capture market share, especially with new product launches that could drive revenue growth.

Supporting Evidence

Options are pricing a 16.62% move, suggesting traders expect significant volatility, which may not align with historical performance.

The company's historical ability to rebound after earnings surprises indicates potential for positive movement.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely tied to how well Coca-Cola Consolidated can navigate competition and consumer preferences.

Bull Confirmed If

A revenue growth rate exceeding 5% would confirm the bull case, indicating strong demand for Coca-Cola products.

Bear Confirmed If

A revenue decline or stagnation would confirm the bear case, suggesting challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±16.62%

Historical Avg

±1.4%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±16.6% while COKE has averaged ±1.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

59.0%

Calls (60K)P/C Ratio: 0.43Puts (7K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Staples

n=30

Fade rate: 9 of 27 (33%)

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 — 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).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coca-Cola beats expectations and raises guidance, history suggests the stock could rise by around 1.75% on the first day.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience a muted reaction.

Miss

Should the company miss expectations, history suggests a potential decline of around 1.38% on the first day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Details on market share changes and competitive positioning.
3Insights into consumer trends affecting beverage choices.
4Management's outlook on cost pressures and pricing strategies.
5Any commentary on international market performance.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

PreviewView

Jul27

ARLPBMO

Company Snapshot

Coca-Cola Consolidated, Inc. is a major player in the soft drinks and non-alcoholic beverages sector, focusing on bottling and distributing Coca-Cola products....

Key Metrics to Watch

Revenue Growth

Revenue growth is crucial for understanding how well the company is expanding its sales and market presence.

N/A

Earnings Per Share (EPS)

EPS indicates the company's profitability on a per-share basis, a key measure for investors.

N/A

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

COKE Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

+0.04%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

The optimistic view hinges on potential revenue growth driven by new product launches and increased consumer demand, which could lead to improved EPS.

Bear Case

On the downside, if the company reports disappointing sales figures or fails to capture market share, it could lead to a significant drop in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for the quarter?

This figure will be critical in assessing the company's ability to expand its market presence and attract consumers.

How is the company addressing competition in the beverage market?

Understanding the company's strategies to maintain or grow its market share will be essential for evaluating its future prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Coca-Cola's ability to innovate and capture market share, especially with new product launches that could drive revenue growth.

Supporting Evidence

Options are pricing a 16.62% move, suggesting traders expect significant volatility, which may not align with historical performance.

The company's historical ability to rebound after earnings surprises indicates potential for positive movement.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely tied to how well Coca-Cola Consolidated can navigate competition and consumer preferences.

Bull Confirmed If

A revenue growth rate exceeding 5% would confirm the bull case, indicating strong demand for Coca-Cola products.

Bear Confirmed If

A revenue decline or stagnation would confirm the bear case, suggesting challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±16.62%

Historical Avg

±1.4%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±16.6% while COKE has averaged ±1.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

59.0%

Calls (60K)P/C Ratio: 0.43Puts (7K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Staples

n=30

Fade rate: 9 of 27 (33%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coca-Cola beats expectations and raises guidance, history suggests the stock could rise by around 1.75% on the first day.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience a muted reaction.

Miss

Should the company miss expectations, history suggests a potential decline of around 1.38% on the first day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Details on market share changes and competitive positioning.
3Insights into consumer trends affecting beverage choices.
4Management's outlook on cost pressures and pricing strategies.
5Any commentary on international market performance.