Core Insights - Analysts expect Coca-Cola (KO) to report quarterly earnings of $0.83 per share, reflecting a year-over-year decline of 1.2% [1] - Revenue is projected to be $12.59 billion, indicating a 1.9% increase from the previous year [1] - The consensus EPS estimate has been adjusted upward by 0.2% over the past 30 days, showing a reassessment by analysts [1] Revenue Estimates - 'Net Operating Revenue- North America' is forecasted to reach $5.06 billion, a year-over-year increase of 5.2% [4] - 'Net Operating Revenue- Latin America' is expected to be $1.57 billion, reflecting a decline of 5.1% from the previous year [4] - 'Net Operating Revenue- Asia Pacific' is projected at $1.54 billion, indicating a 2.1% year-over-year increase [4] - 'Net Operating Revenue- Bottling investments' is estimated at $1.58 billion, showing a 2.7% increase from the year-ago quarter [5] - 'Net Operating Revenues- Europe, Middle East & Africa' is expected to reach $2.96 billion, a significant increase of 26.3% year-over-year [5] Operating Income Estimates - 'Net Operating Revenue- Corporate' is estimated at $32.23 million, reflecting a 7.4% increase from the previous year [6] - 'Operating Income- Europe, Middle East & Africa- Non-GAAP' is projected to be $1.34 billion, up from $1.25 billion year-over-year [6] - 'Operating Income- Bottling Investments- Non-GAAP' is expected to be $111.44 million, compared to $100.00 million from the previous year [7] - 'Operating Income- North America- Non-GAAP' is forecasted at $1.47 billion, an increase from $1.37 billion year-over-year [7] - 'Operating Income- Asia Pacific- Non-GAAP' is projected to be $667.44 million, up from $642.00 million [8] - 'Operating Income- Latin America- Non-GAAP' is expected to be $858.10 million, down from $883.00 million year-over-year [8] Stock Performance - Coca-Cola shares have experienced a change of +0.1% over the past month, compared to a +4.2% increase in the Zacks S&P 500 composite [8] - With a Zacks Rank 2 (Buy), Coca-Cola is expected to outperform the overall market in the near term [8]
Unveiling Coca-Cola (KO) Q2 Outlook: Wall Street Estimates for Key Metrics