Coca-Cola Eyes $0.56 Q4 EPS as Staples ETF Rallies 6%
The Coca-Cola Company is projected to report Q4 earnings of $0.56 per share on $12.03 billion revenue after delivering $0.82 EPS on $12.46 billion sales last quarter. Consumer Staples ETF XLP jumped nearly 6% last week and has gained 11.9% YTD, signaling strong defensive sector momentum.
1. Q4 Earnings Preview
The Coca-Cola Company is set to report Q4 EPS of $0.56 on $12.03 billion revenue, following a Q3 result of $0.82 EPS on $12.46 billion revenue that beat estimates. This will mark the fifth consecutive quarter of EPS outperformance and test management’s pricing strategies.
2. Sector Performance
The Consumer Staples Select Sector ETF (XLP) rose nearly 6% last week and is up 11.9% year-to-date after breaking out of a multi-year trading range, reflecting investor demand for defensive assets amid market volatility.
3. Analyst Ratings and Price Targets
Analysts maintain an average Buy rating on Coca-Cola with a consensus price target of $77.95, and Wells Fargo raised its target from $79 to $87 ahead of the earnings report.
4. Key Drivers to Watch
Investors will monitor same-store sales trends—especially following Costco’s reversion to Coca-Cola products—and any commentary on pricing power and margin expansion in a competitive beverage market.