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Revisit - BUZZ - Preview: PepsiCo expected to report flat earnings per share, investors focus on consumer spending

Revisit - BUZZ - Preview: PepsiCo expected to report flat earnings per share, investors focus on consumer spending

路透社路透社2026/10/08 09:06
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Republishing the BUZZ report released on Wednesday without modification: October 8 - PepsiCo (PEP.O) shares fell 1.4% on Wednesday, closing at $124.02. The company is set to release its quarterly earnings before the market opens on Thursday, with investors closely watching whether tighter consumer budgets are exerting pressure. According to data from London Stock Exchange Group (LSEG), Wall Street expects the carbonated drinks and snack giant’s third-quarter revenue to rise about 4% year-over-year to $24.96 billion, with adjusted earnings per share (EPS) at $2.29, flat compared to the same period last year. In the previous quarter, PEP’s revenue exceeded expectations, but the company warned that performance in North America would slow due to tighter consumer budgets. Facing cost pressures and the threat from GLP-1 weight loss drugs, PepsiCo is running out of time to meet the growth and profit margin targets set after activist investor Elliott Management invested approximately $4 billion a year ago. (link) So far this year, PEP’s share price has fallen about 14%, underperforming the S&P 500 Soft Drinks & Non-alcoholic Beverages Index (.SPLRCBEVS), which is up about 8%, and the S&P 500 Consumer Staples Index (.SPLRCS), up 6%. The stock’s recent price-earnings ratio is 14, below its five-year average of 21. Among 25 analysts, 7 recommend “strong buy” or “buy”, 17 recommend “hold”, and 1 recommends “sell”. The median target price is $152, down from $170 on July 7. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may be inaccurate or may not capture the required context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for readers’ convenience. Reuters accepts no liability for any damage or loss caused by the use of the automated translation feature.)

Republished Wednesday's BUZZ report, content unchanged

- ** PepsiCo (PEP.O) shares fell 1.4% on Wednesday, closing at $124.02. The company is set to report quarterly results before the open on Thursday, as investors closely watch whether tightening consumer budgets are creating pressure

** According to London Stock Exchange Group (LSEG) data, Wall Street expects the soft drink and snack giant's third-quarter revenue to rise about 4% year-on-year to $24.96 billion, and adjusted earnings per share (EPS) at $2.29, flat with the same period last year

** In the previous quarter, PEP’s revenue topped expectations but it warned that tightening consumer budgets would lead to a slowdown in North America’s performance

** Facing cost pressures and the threat from GLP-1 weight loss drugs, time is running out for PepsiCo (PEP) to deliver on its growth and profit margin goals set after activist investor Elliott Management took a roughly $4 billion stake a year ago (link)

** Year-to-date, PEP's share price has fallen about 14%, underperforming the S&P 500 Soft Drinks & Non-Alcoholic Beverages Index, which is up about 8% .SPLRCBEVS, and the S&P 500 Consumer Staples Index, up 6% .SPLRCS

** The stock's recent price-to-earnings ratio stands at 14 times, below its five-year average of 21 times

** Of 25 analysts, 7 recommend “strong buy” or “buy,” 17 recommend “hold,” and 1 recommends “sell.” The median target price is $152, down from $170 on July 7



(To assist non-native English speakers, Reuters provides automated translations of its reports in several other languages. Because automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of these translated texts and provides them solely for readers’ convenience. Reuters accepts no responsibility for any damage or loss resulting from use of automated translation features.)

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