Unlocking Q3 Potential of PepsiCo (PEP): Exploring Wall Street Estimates for Key Metrics

Core Insights - PepsiCo's upcoming quarterly earnings report is projected to show earnings of $2.27 per share, reflecting a decline of 1.7% year-over-year, while revenues are expected to reach $23.88 billion, indicating a 2.4% increase compared to the previous year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, suggesting analysts have reassessed their initial projections [1][2] Revenue Projections - Analysts estimate that 'Net Revenue- PBNA (PepsiCo Beverages North America)' will be approximately $7.24 billion, representing a year-over-year increase of 0.9% [4] - The consensus for 'Net Revenue- PFNA (PepsiCo Foods North America)' is projected at $6.53 billion, showing a significant year-over-year change of 908.1% [4] - For 'Net Revenue- LatAm Foods', the estimate is $2.62 billion, indicating a decline of 10.1% from the same quarter last year [5] Stock Performance - PepsiCo shares have decreased by 3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 4.3% [5] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [5]