Back to top

Image: Bigstock

Coca-Cola (KO) Up 1.8% Since Last Earnings Report: Can It Continue?

Read MoreHide Full Article

A month has gone by since the last earnings report for Coca-Cola (KO - Free Report) . Shares have added about 1.8% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Coca-Cola due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended downward during the past month.

VGM Scores

Currently, Coca-Cola has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Coca-Cola has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Coca-Cola belongs to the Zacks Beverages - Soft drinks industry. Another stock from the same industry, PepsiCo (PEP - Free Report) , has gained 2.9% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

PepsiCo reported revenues of $27.78 billion in the last reported quarter, representing a year-over-year change of -0.2%. EPS of $1.96 for the same period compares with $1.78 a year ago.

For the current quarter, PepsiCo is expected to post earnings of $1.53 per share, indicating a change of -5% from the year-ago quarter. The Zacks Consensus Estimate has changed -3.5% over the last 30 days.

PepsiCo has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


CocaCola Company (The) (KO) - free report >>

PepsiCo, Inc. (PEP) - free report >>

Published in