The options market is pricing a — move for KO's 2026-10-20 · after close report. Over its last 8 reports, KO has actually moved ±2.8% on average (biggest: ±5%). That's a 1.14× realized-vs-implied ratio, so the options look underpriced — KO has historically moved more than the market prices in, which favors buying premium (long straddle/strangle) into the print. It has exceeded the implied move in 50% of those prints, beaten EPS estimates 100% of the time (8 quarters), and the 1-day reaction has been positive 63% of the time (avg +1.8%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-07-28 | 0.92 | 0.97 | beat | ±2.7% | +5% | — |
| 2026-04-28 | 0.81 | 0.86 | beat | ±2.6% | +3.9% | +3.6% |
| 2026-02-10 | 0.57 | 0.58 | beat | ±2.5% | -1.5% | — |
| 2025-10-21 | 0.78 | 0.82 | beat | ±2.3% | +4.1% | +2.4% |
| 2025-07-22 | 0.83 | 0.87 | beat | ±2.3% | -0.6% | -2.8% |
| 2025-04-29 | 0.71 | 0.73 | beat | ±2.9% | +0.8% | -0.1% |
| 2025-02-11 | 0.51 | 0.55 | beat | ±2.5% | +4.7% | — |
| 2024-10-23 | 0.74 | 0.77 | beat | ±2.1% | -2.1% | -5.6% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
KO is scheduled to report on 2026-10-20, after the close. Dates can shift until the company confirms.
The expected move is the size of the post-earnings swing the options market is pricing in (from the ATM straddle). We show KO's live.
Over its last 8 reports, KO has beaten EPS estimates 100% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, KO moved ±2.8% on average versus a ±2.5% implied move — a 1.14× ratio, so the options have been cheap (it moves more than priced). It exceeded the implied move 50% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See KO's positioning too: KO gamma exposure → · KO options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
