Coca-Cola (KO) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Coca-Cola reported revenue of $11.13 billion for Q1 2025, a year-over-year decline of 1.5%, with an EPS of $0.73 compared to $0.72 a year ago, exceeding the Zacks Consensus Estimate of $11.12 billion by 0.10% and delivering an EPS surprise of 2.82% [1] Revenue Performance by Region - North America: Net Operating Revenue of $4.36 billion, exceeding the estimate of $4.34 billion, representing a year-over-year increase of 4.5% [4] - Latin America: Net Operating Revenue of $1.48 billion, slightly above the estimate of $1.47 billion, but a year-over-year decline of 3.3% [4] - Asia Pacific: Net Operating Revenue of $1.42 billion, below the estimate of $1.43 billion, reflecting a year-over-year decline of 3.3% [4] - Bottling Investments: Net Operating Revenue of $1.46 billion, below the estimate of $1.60 billion, showing a significant year-over-year decline of 19.5% [4] - Europe, Middle East & Africa: Net Operating Revenue of $2.66 billion, exceeding the estimate of $2.27 billion, with a substantial year-over-year increase of 34.7% [4] - Eliminations: Reported at -$276 million, better than the estimate of -$325.86 million, representing a year-over-year improvement of 33.8% [4] - Corporate: Net Operating Revenue of $26 million, slightly below the estimate of $26.85 million, indicating a year-over-year decline of 3.7% [4] Operating Income Performance - Europe, Middle East & Africa (Non-GAAP): Operating Income of $1.08 billion, exceeding the estimate of $1.04 billion [4] - Latin America (Non-GAAP): Operating Income of $952 million, above the estimate of $881.48 million [4] - Asia Pacific (Non-GAAP): Operating Income of $644 million, slightly above the estimate of $632.58 million [4] - North America (Non-GAAP): Operating Income of $1.31 billion, exceeding the estimate of $1.23 billion [4] - Corporate (Non-GAAP): Operating Income reported at -$321 million, close to the estimate of -$320.96 million [4] Stock Performance - Coca-Cola shares returned +0.2% over the past month, while the Zacks S&P 500 composite declined by -0.8%, indicating relative stability in the stock's performance [3]