Will Coca-Cola Beat These Analyst Estimates?
Coca-Cola (NYS: KO) is expected to report Q2 earnings on July 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Coca-Cola's revenues will increase 2.0% and EPS will increase 1.7%.
The average estimate for revenue is $12.98 billion. On the bottom line, the average EPS estimate is $1.19.
Last quarter, Coca-Cola reported revenue of $11.14 billion. GAAP reported sales were 5.9% higher than the prior-year quarter's $10.52 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.89. GAAP EPS of $0.89 for Q1 were 8.5% higher than the prior-year quarter's $0.82 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 61.0%, 150 basis points worse than the prior-year quarter. Operating margin was 23.4%, 10 basis points better than the prior-year quarter. Net margin was 18.4%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $48.41 billion. The average EPS estimate is $4.08.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 6,208 members out of 6,517 rating the stock outperform, and 309 members rating it underperform. Among 1,791 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,736 give Coca-Cola a green thumbs-up, and 55 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coca-Cola is outperform, with an average price target of $75.06.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Coca-Cola. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Coca-Cola to My Watchlist.
At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Coca-Cola. Motley Fool newsletter services have recommended buying shares of Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.