Coca-Cola (KO) Earnings Q1 2027
February 8, 2027 @ 4:05 pm - 5:05 pm
Coca-Cola (KO) Earnings Q1 2027
Next KO Quarterly Earnings: Monday, at 4:05 pm ET (9:05 pm London).
Date to be confirmed by the publisher; this is the scheduled date.
- Consensus
- Not yet published
- Prior
- Q2 2026: comparable EPS $0.97
- Actual
- Pending
Updated
Coca-Cola (NYSE: KO) is scheduled to report its next quarterly results on Monday, February 8, 2027, at 4:05 pm ET (9:05 pm London). The release is issued by The Coca-Cola Company and published through its own investor relations channel and a Securities and Exchange Commission filing. Based on the company’s usual reporting calendar, this release is expected to cover the fourth quarter and full year 2026, though Coca-Cola has not yet confirmed the exact date, so the schedule shown here is an estimate rather than a locked-in diary entry. Full schedule and background on the series: Coca-Cola KO earnings dates.
Coca-Cola is one of the most widely held consumer staples stocks in the world, sitting inside countless pension funds, index trackers and dividend portfolios, so its quarterly numbers matter well beyond the beverage aisle. A beat or miss can move not just the share price but sentiment across the wider consumer goods sector, and the result is watched closely by investors in the US, Europe and Asia who hold Coca-Cola through global equity funds.
What is the Coca-Cola quarterly earnings report?
Each quarter, Coca-Cola publishes a results statement detailing net revenues, operating income, earnings per share (EPS, the portion of profit allocated to each outstanding share) and both reported and “comparable” (adjusted, non-GAAP) figures. The company also updates its full-year financial outlook, covering expected revenue growth, currency effects and margins. Management, typically chief executive Henrique Braun and the chief financial officer, hosts a conference call with analysts shortly after the figures are released to discuss performance by region and by brand, including Coca-Cola, Sprite, Fanta, Costa Coffee and fairlife.
Analysts and investors pay close attention to unit case volume (the physical amount of product sold), organic revenue growth (which strips out currency and acquisition effects) and commentary on pricing power, since Coca-Cola has leaned on price increases in recent years to offset higher input costs for sugar, aluminium and packaging.
When is the Coca-Cola earnings report and how to follow it
The announcement is expected before noon in Atlanta, with the release typically followed by a live webcast of the earnings call, usually within an hour or two of the figures going out. Coca-Cola makes both the press release and the call accessible through its official investor relations site. As this date has not been formally confirmed by the company, readers should treat February 8, 2027 as the publisher’s best estimate, based on Coca-Cola’s pattern of reporting full-year results in early-to-mid February. Investors who want the first word on the day typically watch the SEC’s EDGAR system for the 8-K filing, which usually appears at the same time as the press release.
What to expect
A consensus forecast for this specific quarter has not yet been published, since analyst estimates for periods this far ahead tend to firm up only in the weeks before the release. For context, analysts surveyed by Yahoo Finance had, as of the most recent data available, pencilled in average EPS of around $0.60 and revenue of roughly $11.1 billion for Coca-Cola’s fourth quarter of 2026, though these figures are subject to revision as the date approaches and should not be treated as fixed.
Investors will be watching several specific threads: whether volume growth in North America has stabilised after a soft patch in 2025, how much of Coca-Cola’s revenue growth is coming from price increases versus genuine volume gains, and what guidance management gives for 2027 given ongoing currency headwinds and input cost pressure. Commentary on the integration of fairlife and on performance in Europe, the Middle East and Africa, a region that posted strong organic growth in late 2025, will also be scrutinised.
| Quarter | Revenue | EPS (reported) | vs estimate |
|---|---|---|---|
| Q4 2025 (reported February 10, 2026) | $11.82 billion | $0.53 ($0.58 comparable) | Comparable EPS beat by $0.02; revenue below the roughly $12.04 billion analysts had expected |
| Q1 2026 (reported April 28, 2026) | $12.47 billion | $0.91 ($0.86 comparable) | Comparable EPS beat by $0.05; revenue above the roughly $12.24 billion estimate |
| Q2 2026 (reported July 28, 2026) | $13.37 billion | $1.03 ($0.97 comparable) | Comparable EPS beat by $0.04; revenue above the roughly $13.17 billion estimate |
| Q3 2026 (due October 27, 2026) | Consensus estimate approximately $12.93 billion | Consensus estimate approximately $0.88 | Not yet reported at the time of writing |
Figures sourced from Coca-Cola’s SEC filings and investor relations releases, with analyst estimates attributed to Yahoo Finance and MarketBeat polling.
What the outcome could mean
| Scenario | Likely market read | Plain-English meaning |
|---|---|---|
| Beat on both revenue and EPS | Shares likely rise, seen as evidence pricing and volume strategy is working | Coca-Cola sold more drinks, or sold them at better margins, than analysts expected |
| In line with estimates | Muted share reaction, attention shifts to the 2027 guidance given on the call | Results matched expectations, so the story becomes what management says about the year ahead |
| Miss, particularly on volume or margin | Shares likely fall, questions raised about consumer demand and cost pressures | Either people are buying less, or Coca-Cola is paying more to make and ship its drinks than expected |
What It Means for Your Money
Coca-Cola is a core holding in many global equity funds, dividend income funds and workplace pension default funds, so a sharp move in its share price has a small but real effect on pension pots that hold such funds, even for people who have never bought an individual share. Coca-Cola is also one of the longest-running dividend-paying stocks in the US market, so income-focused investors watch free cash flow commentary closely, since that cash flow ultimately funds the dividend. A weak report that signals softer consumer spending can also be read as an early warning sign for the broader consumer staples sector, feeding into how fund managers position portfolios. For everyday shoppers, pricing commentary from Coca-Cola can hint at whether branded grocery prices are likely to keep rising or start to ease, a modest but real signal for household budgets in the US, UK and Europe. Currency effects discussed on the call, particularly a strong dollar or weak euro, can also affect how much profit multinational companies like Coca-Cola bring home, which in turn affects corporate tax receipts and investment decisions.
Related events
- PepsiCo quarterly earnings, typically released around the same window as Coca-Cola’s results
- US Consumer Price Index release, relevant to input cost and pricing power discussions on the earnings call
- Federal Reserve interest rate decisions, which affect the dollar and therefore Coca-Cola’s reported overseas earnings
Frequently Asked Questions
What time does Coca-Cola report earnings?
The release is expected at 4:05 pm ET, which is 9:05 pm in London, though Coca-Cola has not formally confirmed this date.
Is the February 8, 2027 date confirmed?
No. Coca-Cola typically announces its exact reporting date a few weeks in advance, and this page will be updated once the company confirms it.
What is Coca-Cola’s prior quarterly result?
The most recently confirmed result at the time of writing is the second quarter of 2026, reported on July 28, 2026, with comparable EPS of $0.97 against a consensus estimate of around $0.93, according to MarketBeat’s earnings tracker.
Has a consensus forecast been published for this report?
A consensus forecast specific to this quarter has not yet been published. Estimates typically firm up in the weeks before the release as analysts update their models.
Where can I watch the earnings call live?
Coca-Cola streams its earnings call through its official investor relations website shortly after the press release is issued.