Coca-Cola Europacific Partners (NASDAQ:CCEP) Posts Earnings Results, Misses Expectations By $1.21 EPS

Coca-Cola Europacific Partners (NASDAQ:CCEP) announced its earnings results on Tuesday. The company reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $2.47 by ($1.21), FiscalAI reports. The business had revenue of $6.14 billion for the quarter, compared to analyst estimates of $12.22 billion.

Here are the key takeaways from Coca-Cola Europacific Partners’ conference call:

• CCEP reported a strong first half: revenue rose 6.1% to €10.7 billion, operating profit increased 8.1% to €1.5 billion, and diluted EPS grew 10.6% to €2.20. Growth was broad-based across markets, with continued value-share gains and strong cash generation.
• Management reaffirmed all 2026 guidance, including comparable free cash flow of at least €1.7 billion, despite six fewer trading days in the second half. The company said the second half has started well, although it is maintaining a cautious stance with five months remaining and continued cost volatility.
• Faster-growing categories continued to outperform: zero-sugar volumes rose 10%, energy volumes increased 19%, sports and hydration grew 12%, and Monster gained 230 basis points of share. Innovation such as Coke Zero variants, Super Cans, Powerade in Indonesia, and Monster Ultra supported consumer recruitment and premium mix.
• Southeast Asia is emerging as a key growth engine, with strong momentum in the Philippines and improving execution in Indonesia following a route-to-market overhaul. The Philippines facility remains on track for 2027, while margins in the market are approaching the company’s 10% target.
• CCEP is accelerating investment in coolers, technology, AI, supply-chain capacity, and manufacturing while pursuing productivity savings. Management cited attractive cooler returns and potential long-term benefits from AI, but noted that Middle East-related costs are expected to weigh more heavily in the second half and that commodity volatility remains an open risk.

Coca-Cola Europacific Partners Price Performance

Shares of NASDAQ CCEP traded down $5.04 during trading hours on Tuesday, reaching $103.15. The stock had a trading volume of 387,850 shares, compared to its average volume of 1,878,730. Coca-Cola Europacific Partners has a 52-week low of $84.65 and a 52-week high of $113.67. The business’s fifty day moving average price is $101.33 and its two-hundred day moving average price is $98.01. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.23.

Institutional Trading of Coca-Cola Europacific Partners

A number of hedge funds have recently bought and sold shares of CCEP. Quarry LP grew its stake in Coca-Cola Europacific Partners by 59.1% in the fourth quarter. Quarry LP now owns 393 shares of the company’s stock valued at $36,000 after purchasing an additional 146 shares during the last quarter. 1248 Management LLC acquired a new position in Coca-Cola Europacific Partners in the fourth quarter valued at approximately $38,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in shares of Coca-Cola Europacific Partners by 83.3% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 440 shares of the company’s stock valued at $40,000 after purchasing an additional 200 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Coca-Cola Europacific Partners by 23.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 808 shares of the company’s stock valued at $70,000 after buying an additional 156 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in Coca-Cola Europacific Partners by 18.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,015 shares of the company’s stock valued at $92,000 after purchasing an additional 155 shares during the last quarter. Hedge funds and other institutional investors own 31.35% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola Europacific Partners in a research note on Thursday, July 2nd. Weiss Ratings downgraded shares of Coca-Cola Europacific Partners from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 18th. Wells Fargo & Company boosted their price target on shares of Coca-Cola Europacific Partners from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday. UBS Group raised their price objective on Coca-Cola Europacific Partners from $107.00 to $109.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Barclays increased their price target on Coca-Cola Europacific Partners from $108.00 to $114.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Coca-Cola Europacific Partners has a consensus rating of “Moderate Buy” and an average price target of $108.50.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.