Coca-Cola (KO) Outlines FY26 Results in Line With Estimates; Shares Drop 3.6%

Coca-Cola (KO) updated guidance on February 10, 2026, indicating full-year 2026 results will align with estimates, with diluted earnings per share expected in the range of $4.00 to $4.20, down from $4.15 in 2025. The company provided updated fiscal 2026 revenue guidance of $65.5 billion to $66.5 billion, reflecting a slight contraction from the prior-year range of $66.0 billion to $67.0 billion. The guidance update followed a broader decline in the stock, closing down 3.6% on the day. Management attributed the moderation in EPS to inflationary pressures and continued softness in key markets, with a focus on cost optimization and disciplined pricing strategies to preserve margins.