Coca-Cola stock is still beating the market this year, up 13% versus 8%. But the gap is narrowing as the market makes a comeback. While a chance exists for Coca-Cola to keep it up, that's not the reason for most investors to buy it; that would be an added plus.

Coca-Cola (NYSE:KO) is set to release its earnings on Tuesday, July 22, 2025. Analyzing the past five years, Coca-Cola stock has shown a pattern of positive one-day returns after earnings announcements, occurring in 72% of cases. The median positive return recorded was 1.4%, with a maximum one-day positive return of 4.7%.

Coca-Cola is less exposed to the U.S. market’s weakness in snacks and soda, compared with other food and beverage companies.