For the quarter ended March 2026, Coca-Cola (KO) reported revenue of $12.47 billion, up 12.1% over the same period last year. EPS came in at $0.86, compared to $0.73 in the year-ago quarter.
The reported revenue represents a surprise of +1.37% over the Zacks Consensus Estimate of $12.3 billion. With the consensus EPS estimate being $0.81, the EPS surprise was +6.25%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Coca-Cola performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Operating Revenues- North America: $4.89 billion versus $4.78 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.2% change. Net Operating Revenues- Latin America: $1.68 billion versus the four-analyst average estimate of $1.7 billion. The reported number represents a year-over-year change of +13.6%. Net Operating Revenues- Asia Pacific: $1.51 billion versus $1.5 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change. Net Operating Revenues- Bottling investments: $1.64 billion versus $1.62 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change. Net Operating Revenues- Europe, Middle East & Africa: $3.01 billion compared to the $2.9 billion average estimate based on four analysts. The reported number represents a change of +13.4% year over year. Net Operating Revenues- Corporate: $32 million compared to the $32.51 million average estimate based on three analysts. The reported number represents a change of +23.1% year over year. Net Operating Revenues- Eliminations: $-291 million versus $-280.13 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change. Operating Income- Europe, Middle East & Africa- Non-GAAP: $1.25 billion versus the four-analyst average estimate of $1.23 billion. Operating Income- Bottling Investments- Non-GAAP: $189 million versus $140.87 million estimated by four analysts on average. Operating Income- Corporate- Non-GAAP: $-254 million versus the four-analyst average estimate of $-343.16 million. Operating income- North America- Non-GAAP: $1.53 billion versus $1.49 billion estimated by four analysts on average. Operating Income- Asia Pacific- Non-GAAP: $533 million compared to the $699.62 million average estimate based on four analysts.View all Key Company Metrics for Coca-Cola here>>>
Shares of Coca-Cola have returned -1.1% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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CocaCola Company (The) (KO): Free Stock Analysis Report
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