--- canonical_url: https://www.stockexpertai.com/earnings/ko last_updated: 2026-05-09T18:07:12.854Z --- # The Coca-Cola Company (KO) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-09T18:07:11.732Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $78.42 (▼ -0.03%) | fmp:quote | | Market Cap | $337.4B | fmp:profile | | 52w range | $65.35 – $82.00 | fmp:quote | | Earnings | Tue 28 Jul | fmp:earnings-history | | EPS estimate | $0.93 (+7% YoY) | fmp:earnings-estimate | | Revenue estimate | $13.2B | fmp:earnings-estimate | | Beat streak | 8/4 | fmp:earnings-history | | Rating | B (overall 3/5) | fmp:ratings | | Analyst median target | $85 (+8.4% upside) | fmp:price-target-consensus | | MoonshotScore | 53/100 | derived | | Council | 3/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## The Coca-Cola Company — Q4 FY2026 Expectations Q4 consensus: revenue $13.2B^{[FMP est]}, EPS $0.93^{[FMP est]}. 8 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** B · **Stance:** HOLD · **Council:** 3/6 · **Moonshot:** 53 = MoonshotScore 53^{[9-pillar formula]} + Council 3/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (5 metrics) ### 1. Full Year Eps Growth Coca-Cola now expects comparable earnings per share growth of 8% to 9% versus $3 in 2025, which is an increase from our prior estimate of 7% to 8% due to the lower effective tax rate. > "All in, we now expect comparable earnings per share growth of 8% to 9% versus $3 in 2025, which is an increase from our prior estimate of 7% to 8% due to the lower effective tax rate." > — John Murphy, President and Chief Financial Officer, Investor Focus · Q1 FY2026 ### 2. Currency Tailwind Revenue Based on current rates and our hedge positions, we now anticipate an approximate 1- to 2-point currency tailwind to comparable net revenues, up from an approximate 1 point currency tailwind in our previous estimate. > "Based on current rates and our hedge positions, we now anticipate an approximate 1- to 2-point currency tailwind to comparable net revenues, up from an approximate 1 point currency tailwind in our previous estimate." > — John Murphy, President and Chief Financial Officer, Investor Focus · Q1 FY2026 ### 3. Eps Growth Guidance Coca-Cola now expects growth in comparable currency-neutral earnings per share, excluding acquisitions and divestitures of 6% to 7% for 2026. > "We now expect growth in comparable currency-neutral earnings per share, excluding acquisitions and divestitures of 6% to 7%." > — John Murphy, President and Chief Financial Officer, Expectation / Guide · Q1 FY2026 ### 4. Organic Revenue Growth Guidance Coca-Cola maintains its organic revenue growth guidance for 2026 at 4% to 5%. > "We continue to expect organic revenue growth of 4% to 5%." > — John Murphy, President and Chief Financial Officer, Expectation / Guide · Q1 FY2026 ### 5. Q4 Calendar Shift As a reminder, due to a calendar shift, the fourth quarter will have 6 fewer days compared to the fourth quarter of 2025. > "As a reminder, due to a calendar shift, the fourth quarter will have 6 fewer days compared to the fourth quarter of 2025." > — John Murphy, President and Chief Financial Officer, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 0.0 | weak | Q1 vs Q2: growth negative (-0.5%, contraction) | | Gross Margin | 6.0 | medium | Q1: high margin (63.0%) | | Operating Leverage | 3.0 | weak | op margin very strong (35.0%, scale leverage) | | Cash Runway | 10.0 | strong | FCF very strong ($1.8B, 6.6× CapEx) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 56.8 positive momentum, 50d above | | News Sentiment | 8.0 | strong | strong buy consensus (79%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +8.4% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 57 | | Klarman | neutral | value · target upside +8.4% | | Buffett | bull | quality · ROE score 5/5 | | Munger | neutral | valuation · target upside +8.4% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Moderate - **Margin of Safety:** Weak - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 56.8 — yükselişte nötr — overbought sınırının altında, momentum pozitif - **50d MA:** $77 — hisse %1.9 üstünde — kısa vadeli destek - **200d MA:** $72 — hisse %8.7 üstünde — uzun vadeli destek - **Volume (10d):** -22% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $0.87 | $0.83 | BEAT | -0.7% | | Q3 FY25 | $0.82 | $0.78 | BEAT | -0.6% | | Q4 FY25 | $0.58 | $0.56 | BEAT | +2.3% | | Q1 FY26 | $0.86 | $0.81 | +5.9% EPS | +0.7% | Q1 (April 28, 2026): EPS $0.86 vs $0.81 est^[FMP], +5.9% beat. D+1 movement: +0.7%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $0.93 + CapEx discipline** Threshold: EPS > $0.93^{[FMP est]}. Target: Break above median target $85^{[FMP target]}; high target $88^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $0.93 + CapEx < $266.0M** Threshold: EPS ≈ $0.93^{[FMP est]}, Q4 CapEx < $266.0M^[FMP]. Target: Consolidation in the band between current $78^[FMP] and median $85^[FMP]. ### Scenario C · Miss **EPS < $0.90 or CapEx ≥ $266.0M** Threshold: EPS < $0.90^{[FMP est×0.97]}. Target: Current $78 below SMA200 $72^[FMP], if rejection continues, $61^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $0.86 vs $0.81 beat^[FMP], stock +0.7% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $266.0M^{[FMP cashflow]}. Q1 op margin 35.0%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $85 (+8.4% upside vs current $78) - **High / Low:** $88 / $83 - **Buy / Hold / Sell:** 19 / 5 / 0 - **Analyst count:** 8 (last quarter), 57 all-time ## Additional Transcript Insights ### 1. organic_revenue_growth_guidance **Claim:** Coca-Cola maintains its organic revenue growth guidance for 2026 at 4% to 5%. **Evidence (transcript):** "We continue to expect organic revenue growth of 4% to 5%." **Numbers:** 4%, 5% ### 2. eps_growth_guidance **Claim:** Coca-Cola now expects growth in comparable currency-neutral earnings per share, excluding acquisitions and divestitures of 6% to 7% for 2026. **Evidence (transcript):** "We now expect growth in comparable currency-neutral earnings per share, excluding acquisitions and divestitures of 6% to 7%." **Numbers:** 6%, 7% ### 3. full_year_eps_growth **Claim:** Coca-Cola now expects comparable earnings per share growth of 8% to 9% versus $3 in 2025, which is an increase from our prior estimate of 7% to 8% due to the lower effective tax rate. **Evidence (transcript):** "All in, we now expect comparable earnings per share growth of 8% to 9% versus $3 in 2025, which is an increase from our prior estimate of 7% to 8% due to the lower effective tax rate." **Numbers:** 8%, 9%, $3, 2025, 7%, 8% ### 4. currency_tailwind_revenue **Claim:** Based on current rates and our hedge positions, we now anticipate an approximate 1- to 2-point currency tailwind to comparable net revenues, up from an approximate 1 point currency tailwind in our previous estimate. **Evidence (transcript):** "Based on current rates and our hedge positions, we now anticipate an approximate 1- to 2-point currency tailwind to comparable net revenues, up from an approximate 1 point currency tailwind in our previous estimate." **Numbers:** 1-, 2-point, 1 point ### 5. q4_calendar_shift **Claim:** As a reminder, due to a calendar shift, the fourth quarter will have 6 fewer days compared to the fourth quarter of 2025. **Evidence (transcript):** "As a reminder, due to a calendar shift, the fourth quarter will have 6 fewer days compared to the fourth quarter of 2025." **Numbers:** 6, 2025 --- *Data source: FMP (live query, 2026-05-09), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*