Group 1: Earnings Performance - Coca-Cola reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, and showing a slight increase from $0.72 per share a year ago, representing an earnings surprise of 2.82% [1] - The company posted revenues of $11.13 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.10%, although this is a decrease from year-ago revenues of $11.3 billion [2] - Over the last four quarters, Coca-Cola has consistently surpassed consensus EPS estimates and revenue estimates [2] Group 2: Stock Performance and Outlook - Coca-Cola shares have increased approximately 15.3% since the beginning of the year, contrasting with a -6% decline in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $12.66 billion, and for the current fiscal year, it is $2.96 on revenues of $48.01 billion [7] Group 3: Industry Context - The Beverages - Soft drinks industry, to which Coca-Cola belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Coca-Cola's stock performance [5][6]