The Coca-Cola Company · KO · Next earnings

The Coca-Cola Company reports Tuesday, Feb 9, 2027

KO reports before market open with consensus EPS at $0.60 and revenue at $11.29B. Last quarter: Coca-Cola raises 2026 outlook as volume and margins hold up

Reports Before market open96 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.60 Calendar consensus
Consensus revenue $11.29B Calendar consensus
Report date Feb 9, 2027 Tuesday, date estimated
Session Before market open 96 days away

Where KO left off: FY2026 Q3

Full report

Coca-Cola raises 2026 outlook as volume and margins hold up

EPS surprise +3.3% Reported $0.91 vs $0.88
Revenue surprise +3.7% Reported $13.40B vs $12.92B
Stock move -1.6% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised 2026 guidance to at least 5% organic revenue growth, 11% comparable EPS growth, and $13 billion of free cash flow.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher logistics, transportation, and commodity costs could pressure margins and pricing.
  • Currency volatility, geopolitical disruption, and the ongoing IRS dispute remain risks.
  • Destocking and six fewer selling days in Q4 may affect full-year volumes.
  • Bottler economics and regulatory approvals could affect strategic initiatives.

Questions analysts left open

  • Whether price-mix gains remain durable after Topo Chico and fairlife benefits.
  • How much cost inflation can be passed through, including bottler cost pressure.
  • Currency swings, destocking, and six fewer selling days in Q4.

Ask FN2 about KO next report

Transcript, numbers and history already loaded
What should I watch for in KO's next earnings report?How did KO guide last quarter, and is consensus above or below that?Give me the bull and bear case going into KO earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the KO recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent KO quarters

All KO earnings
-1.6%FY2026 Q3+5.0%FY2026 Q2+3.9%FY2026 Q1-1.5%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.