Coca-Cola Earnings Day Historical Stock Performance

Coca-Cola Earnings Day Historical Stock Performance

With Coca-Cola ( KO) set to report Q1 earnings Before Market Open, we looked at how the $KO stock reacts to post earnings announcement since Jan 2000.

Over Night Gap Movement for Coca-Cola before earnings are reported since Jan 2000

here is how the $KO stock price gap’ed before earnings are reported

below the backtest performance summary,assuming one is holding on to longs.

  • Winners : 32
  • Losers : 21
  • % Winners : 60%
  • Average Change % : 0.48
  • Median Change % : 0.42
  • Maximum Gain % : 7.08
  • Maximum Loss % : -4.75
  • Average Gain %if Winner : 1.59
  • Average Loss % if Loser : -1.34
  • Average Gain % / Average Loss % : 1.18

Coca-Cola Stock Price Intra-day Movement post earnings since Jan 2000

here is how the Coca-Cola Inc Stock Price moved from Open to Close on earnings reporting day ( assuming one is holding on to longs)

  • Winners : 25
  • Losers : 28
  • % Winners : 47%
  • Average Change % : -0.33
  • Median Change % : -0.47
  • Maximum Gain % : 4.11
  • Maximum Loss % : -5.59
  • Average Gain %if Winner : 1.31
  • Average Loss % if Loser : -1.80
  • Average Gain % / Average Loss % : 0.73

Intra-day Coca-Cola price movement since Jan 2000 post earnings if stock price gaps up

if Coca-Cola stock price gaps up after earnings reporting, ( that is earnings reporting day open is price greater than the previous trading day’s closing price) , below the backtest performance summary for the longs

  • Winners : 16
  • Losers : 16
  • % Winners : 50%
  • Average Change % : -0.03
  • Median Change % : -0.01
  • Maximum Gain % : 4.11
  • Maximum Loss % : -5.59
  • Average Gain %if Winner : 1.56
  • Average Loss % if Loser : -1.61
  • Average Gain % / Average Loss % : 0.97


Intraday Coca-Cola stock price movement ( change from open to close) since Jan 2000 on earnings reporting day , if stock price gaps down

here is how the Coca-Cola stock price moved from Open to Close on earnings reporting day (assuming one is holding on to longs) , if the stock price gaps down

  • Winners : 7
  • Losers : 12
  • % Winners : 37%
  • Average Change % : -0.91
  • Median Change % : -1.34
  • Maximum Gain % : 2.86
  • Maximum Loss % : -5.58
  • Average Gain %if Winner : 1.06
  • Average Loss % if Loser : -2.06
  • Average Gain % / Average Loss % : 0.51

Historical Coca-Cola Stock Price Movements on Earnings day since Jan 2000

Below the table with historical stock price movements on Coca-Cola earnings reporting day since Jan 2000.

Coca-Cola Earnings Day Stock Price Movements since Jan 2000

  • C20: Change from Current Close to Next days’s Open
  • C20 %: Change from Current Close to Next days’s Open in percentage
  • O2C : Change from Current Open to Current Close
  • O2C% : Change from Current Open to Current Close in percentage
  • C2C : Change on the Earnings Reporting day 
  • C2C% : Change on the Earnings Reporting day  in percentage

ps: The price data is adjusted for splits and dividends.

pps: for AMC earnings on , 21-Oct-04 and 22-Jul-04 the next day open is considered

Conclusion : no major trading edges on Coca-Cola earnings reporting day , apart from , if the stock price gaps down the shorts had come in to the money historically , 63% of the times , with an average gains of 0.91%

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