The Coca-Cola Company: EPS $0.91 vs $0.881 expected; revenue $13.4B vs $12.9B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.910 | 0.881 | +3.3% | 0.820 |
| Revenue (USD bn) | 13.400 | 12.920 | +3.7% | 12.460 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 27, 2026 | Q3 FY2026 | 0.91 | 0.881 | +3.3% | 13.40 | 12.92 | +3.7% |
| Jul 28, 2026 | Q2 FY2026 | 0.97 | 0.932 | +4.1% | 13.37 | 13.17 | +1.5% |
| Apr 28, 2026 | Q1 FY2026 | 0.86 | 0.812 | +5.9% | 12.47 | 12.24 | +1.9% |
| Feb 10, 2026 | Q4 FY2025 | 0.58 | 0.565 | +2.7% | 11.80 | 12.05 | −2.1% |
| Oct 21, 2025 | Q3 FY2025 | 0.82 | 0.779 | +5.3% | 12.46 | 12.41 | +0.4% |
| Jul 22, 2025 | Q2 FY2025 | 0.87 | 0.834 | +4.3% | 12.54 | 12.57 | −0.3% |
| Apr 29, 2025 | Q1 FY2025 | 0.73 | 0.714 | +2.2% | 11.13 | 11.16 | −0.3% |
| Feb 11, 2025 | Q4 FY2024 | 0.55 | 0.518 | +6.2% | 11.54 | 10.68 | +8.1% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
The Coca-Cola Company results: EPS $0.91 vs $0.881 expected; revenue $13.4B vs $12.9B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 3.3%; revenue above the estimate by 3.7%.
Revenue was up 7.6% from $12.5 billion a year earlier (Q3 FY2025). EPS was up 11.0% from $0.82 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
Revenue growth at The Coca-Cola Company indicates expanding sales, but the available information does not separate pricing effects from changes in sales volumes and product mix. Growth therefore cannot be attributed to a specific driver.
The company's business spans sparkling drinks, water, sports drinks, coffee, tea, juice, dairy products and plant-based beverages. Understanding its performance involves examining demand across these categories, alongside concentrate and syrup sales to restaurants and stores.
The company relies on bottling partners, distributors, wholesalers and retailers, alongside bottling and distribution operations it runs. Interpreting its results therefore involves both brand performance and the efficiency of reaching consumers through different sales channels.
What to watch on the earnings call: The earnings call merits attention for management's explanation of sales growth, the roles of pricing, volumes and product mix, and how demand varies across beverage categories, sales channels and markets. Comments on margins, operating costs and the performance of the bottling and distribution network also matter.
For the full analysis of The Coca-Cola Company stock — valuation, scores and financial statements — see the stock page linked with this story.