Coca-Cola (KO, $59.40) tops Q3 earnings expectations; raises full-year outlook
Coca-Cola posted its third quarter earnings that surpassed analysts’ expectations. The beverage maker also boosted its full-year outlook, on expectations of its strategy of hiking prices coupled with more affordable options to bolster sales growth.
Coca-Cola’s adjusted earnings for the third quarter came in at 69 cents, well above the 64 cents expected by analysts (based on Refinitiv poll).
Revenue (adjusted) rose +10% from the year-ago quarter to $11.05 billion, also exceeding the $10.52 billion expected. Unit case volume (which excludes the impact of currency and price changes) was up +4%.
Looking ahead, Coke expects adjusted earnings per share growth of 6% to 7% for 2022,, up from its prior forecast of 5% to 6%. The company now projects its organic revenue growth in the range of 14% to 15%, up from its prior forecast of 12% to 13%.
For the fourth quarter, the company is anticipating foreign currency to affect its adjusted net sales by 8% and adjusted earnings per share by 9%, including the impact of hedged positions.
According to Coke CEO James Quincey, challenging economic conditions will likely persist for the next six to 12 months, and that the company’s product innovation next year will focus more on packaging towards creating more affordable options for consumers (as reported in CNBC).
KO's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for KO turned positive on June 26, 2026. Looking at past instances where KO's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2026. You may want to consider a long position or call options on KO as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
KO moved above its 50-day moving average on June 05, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KO advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 293 cases where KO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where KO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
KO broke above its upper Bollinger Band on July 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. KO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.672) is normal, around the industry mean (7.808). P/E Ratio (26.226) is within average values for comparable stocks, (45.550). Projected Growth (PEG Ratio) (4.264) is also within normal values, averaging (5.099). Dividend Yield (0.025) settles around the average of (0.026) among similar stocks. KO's P/S Ratio (7.299) is slightly higher than the industry average of (3.400).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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Fundamental Analysis Ratings
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General Information
a manufacturer of non-alcoholic beverages
Industry BeveragesNonAlcoholic
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