What You Need To Know Ahead of PepsiCo's Earnings Tuesday

Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue $23.83 billion $22.5 billion $23.45 billion Diluted EPS $2.28 $2.23 $2.24 Net Income $3.14 billion $3.08 billion $3.09 billion Key Metric: Revenue Outlook Last quarter, PepsiCo lowered its organic revenue growth projection to about 4% for fiscal 2024 compared to 2023, compared to its prior expectation of at least 4%. It was an adjustment "related to specifically the consumer in the U.S.," said PepsiCo CEO Ramon Laguarta. Laguarta said consumers across in ...