Core Insights - PepsiCo reported revenue of $23.94 billion for the quarter ended September 2025, reflecting a year-over-year increase of 2.7% and a surprise of +0.25% over the Zacks Consensus Estimate of $23.88 billion [1] - The earnings per share (EPS) for the quarter was $2.29, slightly down from $2.31 in the same quarter last year, with an EPS surprise of +0.88% compared to the consensus estimate of $2.27 [1] Revenue Performance by Segment - International Beverages Franchise (IB Franchise) net revenue was $1.29 billion, below the average estimate of $1.33 billion from four analysts [4] - EMEA (Europe, Middle East and Africa) net revenue matched the average estimate at $5.02 billion [4] - PepsiCo Beverages North America (PBNA) reported net revenue of $7.33 billion, exceeding the estimate of $7.24 billion, representing a +2.1% change year-over-year [4] - PepsiCo Foods North America (PFNA) net revenue was $6.53 billion, aligning with the average estimate, showing a significant year-over-year increase of +907.1% [4] - Latin America Foods net revenue was $2.66 billion, slightly above the average estimate of $2.62 billion, but reflecting a year-over-year decline of -8.9% [4] - Asia Pacific Foods net revenue reached $1.12 billion, surpassing the average estimate of $1.09 billion [4] Core Operating Profit Analysis - Core Operating Profit for PFNA was $1.57 billion, matching the average estimate [4] - Core Operating Profit for PBNA was $975 million, exceeding the average estimate of $955.24 million [4] - Core Operating Profit for IB Franchise was $511 million, above the average estimate of $496.64 million [4] - Corporate unallocated Core Operating Profit was reported at -$406 million, worse than the average estimate of -$312.67 million [4] - Core Operating Profit for Latin America Foods was $523 million, slightly above the average estimate of $513.84 million [4] - Core Operating Profit for Asia Pacific Foods was $156 million, exceeding the average estimate of $125 million [4] Stock Performance - Over the past month, PepsiCo shares have returned -2.7%, contrasting with a +4% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]