CocaCola (NYSE:KO) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

CocaCola (NYSE:KO) issued its quarterly earnings results on Tuesday. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.05, Zacks reports. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 earnings per share. CocaCola updated its FY 2026 guidance to 3.270-3.300 EPS.

CocaCola Stock Performance

CocaCola stock opened at $84.08 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola has a 12 month low of $65.35 and a 12 month high of $85.68. The company has a fifty day moving average price of $81.49 and a two-hundred day moving average price of $78.24. The company has a market cap of $361.77 billion, a PE ratio of 26.44, a P/E/G ratio of 3.33 and a beta of 0.34.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is currently 66.67%.

Insiders Place Their Bets

In other news, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the transaction, the executive vice president directly owned 157,400 shares in the company, valued at approximately $13,128,734. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 899,905 shares of company stock valued at $71,832,315. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On CocaCola

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Mcguire Capital Advisors Inc. acquired a new stake in CocaCola in the fourth quarter worth $126,000. Compound Planning Inc. grew its position in shares of CocaCola by 35.2% during the fourth quarter. Compound Planning Inc. now owns 61,783 shares of the company’s stock worth $4,319,000 after acquiring an additional 16,086 shares during the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of CocaCola during the fourth quarter worth about $54,000. Strive Financial Group LLC acquired a new stake in shares of CocaCola in the 4th quarter worth about $421,000. Finally, Ameriflex Group Inc. increased its holdings in shares of CocaCola by 512.1% in the 4th quarter. Ameriflex Group Inc. now owns 26,823 shares of the company’s stock worth $1,875,000 after acquiring an additional 22,441 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Coca-Cola reported comparable earnings of $0.97 per share, up from $0.87 a year earlier and above the $0.92 consensus estimate. Revenue reached approximately $13.37 billion to $13.38 billion, exceeding estimates of $13.17 billion and rising roughly 6% to 7% year over year. Coca-Cola Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth was supported by pricing, product mix and higher concentrate sales. Global unit case volume increased 5%, while net income attributable to shareowners rose 16% to $4.43 billion and operating income climbed 9%. Strong demand for zero-sugar beverages and fairlife products, along with World Cup/FIFA marketing, provided additional momentum. Coca-Cola Profit Rises on Higher Concentrate Sales and Pricing
• Positive Sentiment: Coca-Cola raised its 2026 outlook. The company now expects organic revenue growth of approximately 5%, versus prior guidance of 4% to 5%, and comparable EPS growth of 9% to 10%, up from 8% to 9%. Full-year EPS guidance is $3.27 to $3.30. Coca-Cola Reports Second Quarter Results and Raises Full-Year Guidance
• Neutral Sentiment: Valuation may limit additional upside. KO trades near its yearly high at roughly 26 times earnings, after gaining 19% this year and 67.7% over five years. Investors may therefore expect continued execution before assigning the shares a higher multiple.

Wall Street Analyst Weigh In

Several research firms have issued reports on KO. Barclays lifted their price objective on CocaCola from $89.00 to $91.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Morgan Stanley set a $89.00 target price on CocaCola in a research note on Wednesday, June 10th. Truist Financial set a $88.00 price target on shares of CocaCola in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft upped their price target on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of CocaCola in a research note on Friday. Fourteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.33.

CocaCola Company Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.