Coca-Cola Rated Zacks Rank #3 as Quarterly EPS Estimate Holds at $0.87

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Summary · why it matters

Coca-Cola is expected to post earnings of $0.87 per share for the current quarter, a year-over-year change of +6.1%, with the Zacks Consensus Estimate edging up +0.1% over the last 30 days. The consensus earnings estimate of $3.29 for the current fiscal year indicates a year-over-year change of +9.7% and has remained unchanged over the last 30 days, while the next fiscal year's consensus estimate of $3.53 indicates a change of +7.1%. For the current quarter, the consensus sales estimate of $12.91 billion indicates a year-over-year change of +4%, and for the current and next fiscal years, $49.81 billion and $50.36 billion estimates indicate +4% and +1.1% changes, respectively. Coca-Cola reported revenues of $13.37 billion in the last reported quarter, a year-over-year change of +6.7%, with EPS of $0.97 versus $0.87 a year ago, beating the Zacks Consensus Estimate of $13.05 billion by a revenue surprise of +2.44% and an EPS surprise of +5.43%. Based on the recent change in the consensus estimate and three other factors related to earnings estimates, Coca-Cola is rated Zacks Rank #3 (Hold), and it is graded F on the Zacks Value Style Score, indicating it trades at a premium to its peers.

Impact on assets 2

Consumer Staples▲ · 2 stocks
The Coca-Cola Company
KO
± MixedCapitalrelevance

Zacks Rank #3 (Hold) with consensus EPS estimate holding at $0.87 and prior-quarter beat; mixed analyst-valuation signal.