Analysts Estimate Coca-Cola (KO) to Report a Decline in Earnings: What to Look Out for

Company Overview - Coca-Cola (KO) is expected to report a year-over-year decline in earnings, with a projected earnings per share (EPS) of $0.71, reflecting a decrease of 1.4% compared to the previous year [3][12] - Revenues for the upcoming quarter are anticipated to be $11.14 billion, also down 1.4% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on April 29, 2025, and the stock price may react positively if actual results exceed expectations, while a miss could lead to a decline [2][14] - The consensus EPS estimate has been revised 0.29% higher in the last 30 days, indicating a slight positive adjustment from analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model indicates that Coca-Cola has a negative Earnings ESP of -0.60%, suggesting analysts have become bearish on the company's earnings prospects [10][11] - Despite the negative Earnings ESP, Coca-Cola holds a Zacks Rank of 3 (Hold), making it challenging to predict an earnings beat conclusively [11][18] Historical Performance - In the last reported quarter, Coca-Cola exceeded the expected EPS of $0.51 by delivering $0.55, resulting in a surprise of +7.84% [12] - Over the past four quarters, Coca-Cola has beaten consensus EPS estimates four times [13] Industry Context - In the broader beverage industry, Keurig Dr Pepper, Inc (KDP) is expected to report earnings of $0.38 per share, unchanged from the previous year, with revenues projected at $3.56 billion, up 2.8% [17] - Keurig Dr Pepper has a negative Earnings ESP of -0.90% and a Zacks Rank of 3, indicating similar challenges in predicting an earnings beat [18]