Coca-Cola Company Prepares to Report Q1 Earnings Amid Strong Market Performance
With a market cap of $307.4 billion, The Coca-Cola Company (KO) stands as a major force in the beverage industry. Established in 1886 and headquartered in Atlanta, Georgia, Coca-Cola offers a broad range of nonalcoholic beverages, including its iconic namesake soft drinks, as well as Sprite, Fanta, Schweppes, Thums Up, water, sports drinks, coffee, tea, juices, value-added dairy, and plant-based beverages.
Upcoming Earnings Announcement
The company is set to report its Q1 earnings on Tuesday, April 29, before the market opens. Analysts project that KO will generate an EPS of $0.72 per share, consistent with results from the same quarter last year. Notably, Coca-Cola has surpassed analysts’ earnings estimates for the past four consecutive quarters, reflecting strong consumer demand for its well-established brands. Its adjusted EPS of $0.55 in the most recent quarter exceeded expectations by 7.8%.
Future Earnings Projections
Looking ahead to fiscal 2025, analysts project an adjusted EPS of $2.96, marking a 2.8% increase from the previous year’s $2.88. The forecast for fiscal 2026 shows further growth, with an expected adjusted EPS of $3.19, reflecting a year-over-year increase of 7.8%.
Stock Performance Overview
In the past year, KO shares have risen 24.3%, significantly outperforming the S&P 500 Index, which saw a 5.5% gain, and the Consumer Staples Select Sector SPDR Fund’s 11.4% increase. Despite recent market volatility driven by new tariff policies, KO shares recently climbed 1.4% in the last trading session. This resilience emphasizes the company’s status as a leading player in the consumer staples sector, which is known for its stability during times of market uncertainty.
Analyst Ratings and Price Target
The consensus on KO Stock remains optimistic, earning a “Strong Buy” rating overall. Among the 22 analysts covering the stock, 20 recommend a “Strong Buy,” while one suggests a “Moderate Buy” and another indicates a “Hold.” The mean price target stands at $76.91, suggesting a 6.2% potential upside from current trading levels.
On the date of publication,
Kritika Sarmah
did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy
here.
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