Equity Profile

KOF

Coca-Cola FEMSA, S.A.B. de C.V.

Consumer StaplesSoft Drinks & Non-alcoholic Beverages$21.9B

Oct23Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Coca-Cola FEMSA, S.A.B. de C.V....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and is closely watched by investors.

Expected to be around $1.23.

Revenue Growth

Revenue growth reflects the company's ability to increase sales and capture market share, which is crucial for sustaining profitability.

Not available.

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

KOF Q2-2026 Earnings Preview

Context

Company Snapshot

Coca-Cola FEMSA, S.A.B. de C.V. (KOF) is a leading beverage company in the consumer staples sector, primarily focused on the production and distribution of Coca-Cola products in Latin America. As a major player in the soft drinks and non-alcoholic beverages industry, its performance is closely tied to consumer spending trends and preferences for refreshment products.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-12.29%

Avg Stock Reaction

+1.12%

Last Quarter Recap

In Q1-2026, Coca-Cola FEMSA reported an EPS of $1.19, missing estimates by 3.43%. The stock reacted negatively, dropping 2.04% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Coca-Cola FEMSA's upcoming earnings are cautious, especially following recent earnings misses. Investors are keen to see if the company can turn around its performance this quarter.

Bull Case

The optimistic view hinges on potential strong demand for beverages as consumer spending rebounds, leading to better-than-expected EPS and revenue growth.

Bear Case

Conversely, if the company continues to miss earnings expectations, it could signal deeper issues with market competition or consumer preferences, leading to further stock declines.

Key Metrics to Watch

Earnings Per Share (EPS)

Expected to be around $1.23.

EPS is a key indicator of the company's profitability and is closely watched by investors.

Revenue Growth

Not available.

Revenue growth reflects the company's ability to increase sales and capture market share, which is crucial for sustaining profitability.

Market Share

Not available.

Changes in market share can indicate competitive strength and consumer preference shifts, impacting future earnings.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2-2026, and how does it compare to previous quarters?

Given the recent trend of earnings misses, a clear EPS forecast will be crucial for investor confidence.

How has Coca-Cola FEMSA's market share changed in the last quarter?

Understanding market share dynamics will help gauge the company's competitive position and future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in beverage demand driven by seasonal trends and marketing initiatives.

Supporting Evidence

Options are pricing a 6.75% move, indicating higher volatility expectations than historical averages.

The recent trend of earnings misses could lead to lower expectations, allowing for a surprise upside.

Coca-Cola FEMSA's strong brand portfolio may help it capture market share despite competitive pressures.

Key Risk

If the company reports an EPS above $1.23, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Coca-Cola FEMSA can stabilize its earnings after recent misses.

Bull Confirmed If

An EPS of $1.23 or higher would confirm the bull case, indicating a recovery in profitability.

Bear Confirmed If

An EPS below $1.19 would reinforce the bear case, suggesting ongoing challenges in the business.

Pre-Earnings Positioning

Options Market

Implied Move

±6.75%

Historical Avg

±2.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.8% while KOF has averaged ±2.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

23.5%

Calls (2K)P/C Ratio: 1.00Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich setup in Consumer Staples

n=30

Fade rate: 10 of 30 (33%)

This setup has occurred 30 times across Consumer Staples in the last 2 years. 20 of 30 (67%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 5.3%, with a raw directional average of +0.8% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coca-Cola FEMSA beats expectations, history suggests a potential average one-day move of +1.17%, confirming a positive outlook.

In-Line / Cautious

If results come in line with cautious commentary, the stock may experience muted movement as investors digest the information.

Miss

A miss could lead to a decline, with historical patterns indicating an average one-day drop of +0.35%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on market share changes in key regions.
2Any commentary on pricing strategies and cost management.
3Updates on new product launches or marketing campaigns.
4Insights into consumer trends and preferences.
5Management's outlook for the remainder of the fiscal year.

See the full picture

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

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Company Snapshot

Coca-Cola FEMSA, S.A.B. de C.V....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and is closely watched by investors.

Expected to be around $1.23.

Revenue Growth

Revenue growth reflects the company's ability to increase sales and capture market share, which is crucial for sustaining profitability.

Not available.

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

KOF Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-12.29%

Avg Stock Reaction

+1.12%

Last Quarter Recap

In Q1-2026, Coca-Cola FEMSA reported an EPS of $1.19, missing estimates by 3.43%. The stock reacted negatively, dropping 2.04% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

The optimistic view hinges on potential strong demand for beverages as consumer spending rebounds, leading to better-than-expected EPS and revenue growth.

Bear Case

Conversely, if the company continues to miss earnings expectations, it could signal deeper issues with market competition or consumer preferences, leading to further stock declines.

Key Metrics to Watch

Earnings Per Share (EPS)

Expected to be around $1.23.

EPS is a key indicator of the company's profitability and is closely watched by investors.

Revenue Growth

Not available.

Revenue growth reflects the company's ability to increase sales and capture market share, which is crucial for sustaining profitability.

Market Share

Not available.

Changes in market share can indicate competitive strength and consumer preference shifts, impacting future earnings.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q2-2026, and how does it compare to previous quarters?

Given the recent trend of earnings misses, a clear EPS forecast will be crucial for investor confidence.

How has Coca-Cola FEMSA's market share changed in the last quarter?

Understanding market share dynamics will help gauge the company's competitive position and future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in beverage demand driven by seasonal trends and marketing initiatives.

Supporting Evidence

Options are pricing a 6.75% move, indicating higher volatility expectations than historical averages.

The recent trend of earnings misses could lead to lower expectations, allowing for a surprise upside.

Coca-Cola FEMSA's strong brand portfolio may help it capture market share despite competitive pressures.

Key Risk

If the company reports an EPS above $1.23, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Coca-Cola FEMSA can stabilize its earnings after recent misses.

Bull Confirmed If

An EPS of $1.23 or higher would confirm the bull case, indicating a recovery in profitability.

Bear Confirmed If

An EPS below $1.19 would reinforce the bear case, suggesting ongoing challenges in the business.

Pre-Earnings Positioning

Options Market

Implied Move

±6.75%

Historical Avg

±2.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.8% while KOF has averaged ±2.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

23.5%

Calls (2K)P/C Ratio: 1.00Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich setup in Consumer Staples

n=30

Fade rate: 10 of 30 (33%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coca-Cola FEMSA beats expectations, history suggests a potential average one-day move of +1.17%, confirming a positive outlook.

In-Line / Cautious

If results come in line with cautious commentary, the stock may experience muted movement as investors digest the information.

Miss

A miss could lead to a decline, with historical patterns indicating an average one-day drop of +0.35%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on market share changes in key regions.
2Any commentary on pricing strategies and cost management.
3Updates on new product launches or marketing campaigns.
4Insights into consumer trends and preferences.
5Management's outlook for the remainder of the fiscal year.