PepsiCo (PEP) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.48 per share a year ago.
The soda and snacks company logged higher profit and revenue in the first quarter, as steps to turn around its snacks business are starting to bear fruit.
PepsiCo beat analysts' estimates for quarterly revenue and stuck to its annual targets on Thursday, as recent price cuts for key snack brands helped revive demand in the U.S. and continued strength in its energy drinks and prebiotic sodas.
PepsiCo's quarterly earnings and revenue topped Wall Street's expectations. The company's struggling North American food business reported a return to volume growth.
PepsiCo is set to report its first-quarter earnings on Thursday, with investors closely watching whether the company can sustain growth momentum while navigating persistent cost pressures and uneven demand trends across key segments. The food and beverage giant is expected to post earnings of $1.55 per share for the quarter, representing a 4.7% increase from a year earlier.
PepsiCo (NASDAQ:PEP | PEP Price Prediction) trades at $156.20 as of writing and our price target for the stock is $177.14, implying upside of 13.41% over the next 12 months.
PEP nears Q1 results with solid growth forecasts and innovation momentum, but tariff costs and North America softness may test margins.
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PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) is expected to report first quarter 2026 results next Thursday before the market opens, with analysts at UBS expecting a largely in-line print but ongoing scrutiny around North American performance and the sustainability of recent improvements in trends. UBS analysts wrote in a note that they expect the print itself to be broadly in-line with expectations, pointing to continued, modest progress in organic revenue growth.
PepsiCo (PEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PepsiCo (PEP) remains undervalued, with a 21% upside potential and a forward dividend yield near 4%, supporting a continued 'Buy' rating. PEP's business model transformation—SKU rationalization, price cuts, and supply chain optimization—positions it for volume recovery and long-term margin expansion. GLP-1 weight-loss drug adoption is a perceived risk, but PEP's single-serve focus and portion control strategy mitigate long-term volume threats.
PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) is expected to report largely in-line first-quarter results later this month, with investor attention focused on geopolitical risks and early signs of a turnaround in its North American foods business, according to analysts at Bank of America. The brokerage said it expects results to come in broadly in line with consensus estimates, though it flagged three key areas for investors to watch: the operational impact of heightened geopolitical tensions in the Middle East, progress on the affordability-driven turnaround within PepsiCo Foods North America (PFNA), and updates on growth initiatives at PepsiCo Beverages North America (PBNA).