Coca-Cola shares slip on fourth quarter revenue miss

The beverage elephantine reported adjusted net of $0.58 per stock for the 4th quarter, topping analysts’ expectations of $0.56.

Revenue came successful astatine $11.82 billion, beneath the $12.03 cardinal analysts had projected. Coca-Cola said nett revenues roseate 2% twelvemonth implicit year, portion integrated gross accrued 5%, driven by higher ore income and price/mix gains.

Global portion lawsuit measurement grew 1% successful the 4th and was level for the afloat year.

For the afloat twelvemonth 2025, nett gross accrued 2% to $47.9 billion, portion EPS roseate 4% to $3.

Looking ahead, Coca-Cola forecast integrated gross maturation of 4% to 5% and comparable net per stock maturation of 7% to 8% for full-year 2026.

“I’m encouraged by our show successful 2025 which showed some the resilience and momentum that specify our business,” Coca-Cola CEO James Quincey said successful a statement. “Looking ahead, we volition absorption connected executing our strategy adjacent amended and positioning our strategy for semipermanent success.”

Jefferies analysts said fourth-quarter results were broadly successful line, noting a larger-than-expected overseas speech headwind versus statement assumptions.

They noted that 2026 guidance brackets Street expectations and “reads blimpish but is due for the commencement of the year,” adding that investors whitethorn person been looking for a stronger outlook.

The analysts besides highlighted affirmative measurement maturation successful each regions but Asia-Pacific and noted that companies with measurement maturation are apt to outperform successful 2026, portion besides pointing to currency dynamics that could summation concern flexibility. The steadfast reiterated its ‘Buy’ rating.