Coca-Cola Eyes 5.2% Q4 Revenue Growth to $12 Billion, EPS $0.56
Coca-Cola’s Q4 revenue is forecast to rise 5.2% year over year to $12.00 billion with adjusted EPS of $0.56, compared to a 3.9% revenue gain to $12.41 billion last quarter. The company has outperformed analysts’ revenue estimates by an average 2.6% over the past two years.
1. Q4 Revenue and EPS Outlook
Analysts expect Q4 revenue of $12.00 billion, a 5.2% year-over-year increase, and adjusted EPS of $0.56, up from last quarter’s 3.9% revenue growth to $12.41 billion. This forecast suggests steady top-line momentum heading into the February earnings release.
2. Consistent Revenue Beats
Coca-Cola has surpassed consensus revenue estimates every quarter for the past two years, beating by an average 2.6%. This track record underscores management’s ability to drive organic volume growth and price mix improvements.
3. Peer Performance Indicators
In the beverages segment, Constellation Brands reported a 9.8% revenue decline but topped estimates by 2.9%, and Altria delivered flat revenue with a 1.1% beat. Beverage stocks have rallied 7.4% on average, with Coca-Cola up 11.8% over the past month.