Coca-Cola Europacific Partners (NASDAQ:CCEP) Releases Quarterly Earnings Results

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

Coca-Cola Europacific Partners stock opened at $103.27 on Tuesday. The firm has a fifty day simple moving average of $101.33 and a two-hundred day simple moving average of $98.01. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.80 and a quick ratio of 0.60. Coca-Cola Europacific Partners has a twelve month low of $84.65 and a twelve month high of $113.67.

Analysts Set New Price Targets

CCEP has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Coca-Cola Europacific Partners in a research report on Thursday, July 2nd. UBS Group raised their price objective on shares of 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. 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 upped their target price on shares of Coca-Cola Europacific Partners from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Barclays increased their target price 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 equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $108.50.

Institutional Investors Weigh In On Coca-Cola Europacific Partners

A number of hedge funds and other institutional investors have recently modified their holdings of CCEP. Quarry LP grew its position in Coca-Cola Europacific Partners by 59.1% during the 4th quarter. Quarry LP now owns 393 shares of the company’s stock worth $36,000 after acquiring an additional 146 shares during the last quarter. 1248 Management LLC bought a new stake in Coca-Cola Europacific Partners in the fourth quarter valued at approximately $38,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in shares of Coca-Cola Europacific Partners by 83.3% during the fourth 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 during the period. Geneos Wealth Management Inc. boosted its stake in shares of Coca-Cola Europacific Partners by 23.9% during the first quarter. Geneos Wealth Management Inc. now owns 808 shares of the company’s stock valued at $70,000 after purchasing an additional 156 shares during the period. Finally, Brown Brothers Harriman & Co. grew its holdings in shares of Coca-Cola Europacific Partners by 18.0% in the third quarter. Brown Brothers Harriman & Co. now owns 1,015 shares of the company’s stock worth $92,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 31.35% of the company’s stock.

Coca-Cola Europacific Partners Company Profile

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.