Coca Cola Earnings Estimate

KO
 Stock
  

USD 64.38  1.47  2.34%   

Many public companies, such as Coca Cola, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Coca Cola's earnings estimates, investors can diagnose different trends across Coca Cola's analyst sentiment over time as well as compare current estimates against different timeframes.
Coca Cola is projected to generate 2.28 in earnings per share on the 31st of December 2021. Coca Cola earnings estimates module stress-tests analyst consensus about projected Coca-Cola EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please see Stocks Correlation.
  
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The value of Gross Profit is estimated to slide to about 22.8 B. The value of Profit Margin is estimated to slide to 0.24
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Coca Cola Earnings Estimation Breakdown

Calculation of earning per share of Coca-Cola is based on official Zacks consensus of 6 analysts regarding Coca Cola future annual earnings. Given the historical accuracy of 90.91%, the future earnings per share of Coca Cola is estimated to be 2.28 with the lowest and highest values of 2.27 and 2.29, respectively. Please note that this consensus of annual earnings estimates for Coca-Cola is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.03
2.27
Lowest
Expected EPS 2.28
2.29
Highest

Coca Cola Earnings Projection Consensus

Suppose the current estimates of Coca Cola's value are higher than the current market price of the Coca Cola stock. In this case, investors may conclude that Coca Cola is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Coca Cola's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

6

90.91%

2.03

2.28

Coca Cola Earnings History

Earnings estimate consensus by Coca-Cola analysts from Wall Street is used by the market to judge Coca Cola's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Coca Cola's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Coca Cola Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

3.95 Billion

Share
Coca Cola Accumulated Retained Earnings Deficit are quite stable at the moment as compared to the past year. The company's current value of Accumulated Retained Earnings Deficit is estimated at 72.81 Billion. Price to Earnings Ratio is expected to rise to 35.35 this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to about 13.6 B. Issuance Purchase of Equity Shares is expected to rise to about 637.7 M this year, although the value of Weighted Average Shares will most likely fall to about 4.1 B.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Coca Cola's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Coca Cola in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
62.8764.3965.91
Details
Intrinsic
Valuation
LowReal ValueHigh
57.9468.7270.24
Details
Naive
Forecast
LowNext ValueHigh
64.9566.4868.00
Details
13 Analysts
Consensus
LowTarget PriceHigh
58.0062.6466.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Coca Cola. Your research has to be compared to or analyzed against Coca Cola's peers to derive any actionable benefits. When done correctly, Coca Cola's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Coca-Cola.
Note that many institutional investors and large investment bankers can move markets due to the volume of Coca Cola assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Coca Cola. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Coca Cola stock price in the short term.

Coca Cola Earnings per Share Projection vs Actual

Actual Earning per Share of Coca Cola refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Coca-Cola predict the company's earnings will be in the future. The higher the earnings per share of Coca Cola, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Coca Cola Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Coca Cola, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Coca Cola should always be considered in relation to other companies to make a more educated investment decision.

Coca Cola Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Coca Cola's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-04-25
2022-03-310.580.640.0610 
2022-02-10
2021-12-310.410.450.04
2021-10-27
2021-09-300.57930.650.070712 
2021-07-21
2021-06-300.56430.680.115720 
2021-04-19
2021-03-310.50430.550.0457
2021-02-10
2020-12-310.4180.470.05212 
2020-10-22
2020-09-300.46250.550.087518 
2020-07-21
2020-06-300.41030.420.0097
2020-04-21
2020-03-310.44490.510.065114 
2020-01-30
2019-12-310.43720.440.0028
2019-10-18
2019-09-300.56250.56-0.0025
2019-07-23
2019-06-300.6150.630.015
2019-04-23
2019-03-310.4630.480.017
2019-02-14
2018-12-310.42970.430.0003
2018-10-30
2018-09-300.54720.580.0328
2018-07-25
2018-06-300.60060.610.0094
2018-04-24
2018-03-310.45590.470.0141
2018-02-16
2017-12-310.38270.390.0073
2017-10-25
2017-09-300.4870.50.013
2017-07-26
2017-06-300.57210.590.0179
2017-04-25
2017-03-310.43550.43-0.0055
2017-02-09
2016-12-310.36560.370.0044
2016-10-26
2016-09-300.48180.490.0082
2016-07-27
2016-06-300.58150.60.0185
2016-04-20
2016-03-310.44270.450.0073
2016-02-09
2015-12-310.3720.380.008
2015-10-21
2015-09-300.50.510.01
2015-07-22
2015-06-300.60.630.03
2015-04-22
2015-03-310.420.480.0614 
2015-02-10
2014-12-310.420.440.02
2014-10-21
2014-09-300.530.530
2014-07-22
2014-06-300.630.640.01
2014-04-15
2014-03-310.440.440
2014-02-18
2013-12-310.460.460
2013-10-15
2013-09-300.530.530
2013-07-16
2013-06-300.630.630
2013-04-16
2013-03-310.450.460.01
2013-02-12
2012-12-310.440.450.01
2012-10-16
2012-09-300.510.510
2012-07-17
2012-06-300.590.610.02
2012-04-17
2012-03-310.440.450.01
2012-02-07
2011-12-310.390.40.01
2011-10-18
2011-09-300.510.520.01
2011-07-19
2011-06-300.580.590.01
2011-04-26
2011-03-310.430.430
2011-02-09
2010-12-310.360.360
2010-10-19
2010-09-300.450.460.01
2010-07-21
2010-06-300.510.530.02
2010-04-20
2010-03-310.370.40.03
2010-02-09
2009-12-310.330.330
2009-10-20
2009-09-300.410.410
2009-07-21
2009-06-300.450.460.01
2009-04-21
2009-03-310.320.330.01
2009-02-12
2008-12-310.310.320.01
2008-10-15
2008-09-300.380.420.0410 
2008-07-17
2008-06-300.480.510.03
2008-04-16
2008-03-310.310.340.03
2008-02-13
2007-12-310.280.290.01
2007-10-17
2007-09-300.340.360.02
2007-07-17
2007-06-300.410.430.02
2007-04-17
2007-03-310.270.280.01
2007-02-14
2006-12-310.250.260.01
2006-10-19
2006-09-300.30.310.01
2006-07-18
2006-06-300.360.370.01
2006-04-19
2006-03-310.240.250.01
2006-02-07
2005-12-310.220.230.01
2005-10-20
2005-09-300.260.280.02
2005-07-21
2005-06-300.320.340.02
2005-04-19
2005-03-310.220.240.02
2005-02-16
2004-12-310.20.230.0315 
2004-10-21
2004-09-300.230.250.02
2004-07-22
2004-06-300.320.320
2004-04-21
2004-03-310.220.230.01
2004-02-11
2003-12-310.220.230.01
2003-10-16
2003-09-300.260.280.02
2003-07-17
2003-06-300.270.280.01
2003-04-16
2003-03-310.190.190
2003-02-12
2002-12-310.20.20
2002-10-16
2002-09-300.240.240
2002-07-17
2002-06-300.260.260
2002-04-16
2002-03-310.190.190
2002-01-29
2001-12-310.180.190.01
2001-10-18
2001-09-300.20.230.0315 
2001-07-18
2001-06-300.220.230.01
2001-04-18
2001-03-310.170.180.01
2001-01-31
2000-12-310.190.190
2000-10-20
2000-09-300.20.210.01
2000-07-19
2000-06-300.210.220.01
2000-04-18
2000-03-310.110.110
2000-01-26
1999-12-310.150.160.01
1999-10-21
1999-09-300.160.160
1999-07-15
1999-06-300.190.190
1999-04-21
1999-03-310.140.150.01
1999-01-26
1998-12-310.120.120
1998-10-15
1998-09-300.180.180
1998-07-16
1998-06-300.240.240
1998-04-15
1998-03-310.170.170
1998-01-28
1997-12-310.170.170
1997-10-16
1997-09-300.210.210
1997-07-17
1997-06-300.240.240
1997-04-14
1997-03-310.20.20
1997-01-31
1996-12-310.160.160
1996-10-15
1996-09-300.190.20.01
1996-07-15
1996-06-300.210.210
1996-04-17
1996-03-310.140.140

About Coca Cola Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Coca Cola earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Coca Cola estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Coca Cola fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit69.1 B72.8 B
Earning Before Interest and Taxes EBIT14 B13.6 B
Earnings per Basic Share 2.26  1.90 
Earnings per Diluted Share 2.25  2.15 
Price to Earnings Ratio 26.20  35.35 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA15.4 B13.4 B
Earnings before Tax12.4 B10.7 B
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company was founded in 1886 and is headquartered in Atlanta, Georgia. Coca Cola operates under BeveragesNon-Alcoholic classification in the United States and is traded on New York Stock Exchange. It employs 79000 people.

Coca Cola Investors Sentiment

The influence of Coca Cola's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Coca Cola. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Coca Cola Implied Volatility

    
  21.75  
Coca Cola's implied volatility exposes the market's sentiment of Coca-Cola stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Coca Cola's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Coca Cola stock will not fluctuate a lot when Coca Cola's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coca Cola in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coca Cola's short interest history, or implied volatility extrapolated from Coca Cola options trading.

Current Sentiment - KO

Coca-Cola Investor Sentiment

Nearly all of Macroaxis users are now bullish on Coca-Cola. What is your opinion about investing in Coca-Cola? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please see Stocks Correlation. Note that the Coca-Cola information on this page should be used as a complementary analysis to other Coca Cola's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Coca Cola's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coca Cola. If investors know Coca Cola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coca Cola listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.23
Market Capitalization
279.1 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0809
Return On Equity
0.42
The market value of Coca-Cola is measured differently than its book value, which is the value of Coca Cola that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine Coca Cola value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.