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Why Is Coca-Cola (KO) Down 1.9% Since Last Earnings Report?

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It has been about a month since the last earnings report for Coca-Cola (KO - Free Report) . Shares have lost about 1.9% in that time frame, underperforming the S&P 500.

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

How Have Estimates Been Moving Since Then?

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

VGM Scores

At this time, Coca-Cola has a poor Growth Score of F, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the lowest 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 #2 (Buy). We expect an above average 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, Fomento Economico (FMX - Free Report) , has gained 1.5% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Fomento Economico reported revenues of $9.58 billion in the last reported quarter, representing a year-over-year change of -11%. EPS of $0.45 for the same period compares with $0.47 a year ago.

Fomento Economico is expected to post earnings of $1.12 per share for the current quarter, representing a year-over-year change of -40.1%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for Fomento Economico. Also, the stock has a VGM Score of C.


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

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