Coca-Cola EPS Tops Estimates, Q4 Revenues Miss by $250M and Shares Fall 3.8%
Coca-Cola reported fourth-quarter comparable EPS of $0.58, up 6% year over year and beating estimates by $0.01, while revenues of $11.8 billion grew 2% but missed forecasts of $12.05 billion, prompting a 3.8% premarket share decline. CEO James Quincey announced his retirement, with Enrique Braun appointed as his successor.
1. Q4 Financial Results
Coca-Cola delivered comparable earnings per share of $0.58 in Q4, representing 6% year-over-year growth and beating consensus by $0.01. Revenues reached $11.8 billion, up 2% but falling short of the $12.05 billion analysts expected, driven by a 5% organic revenue increase and offset by unfavorable currency translations.
2. Stock Market Reaction
Shares declined 3.8% in premarket trading as investors weighed the revenue miss against the EPS beat and questioned near-term growth momentum. The share drop highlighted concerns over top-line pressures despite resilient pricing and volume growth in key regions.
3. CEO Transition
Chairman and CEO James Quincey confirmed this will be his final earnings call after more than a decade of leadership that delivered $150 billion in market value creation. Enrique Braun, the company’s COO with 30 years of global experience, will assume the CEO role to drive the next chapter of brand innovation and digital engagement.