Earnings Outlook For PepsiCo
Portfolio Pulse from Benzinga Insights
PepsiCo (NASDAQ:PEP) is scheduled to release its quarterly earnings report on February 9, 2024, with analysts expecting an EPS of $1.72. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $171.47, down 2.56% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock price.
February 08, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PepsiCo is expected to report an EPS of $1.72 for the upcoming quarter. The stock has seen a 2.56% decline over the past year, with investors keenly awaiting future guidance.
Given PepsiCo's mixed past earnings performance and the current downward trend in stock price, positive earnings and especially optimistic future guidance could lead to a short-term positive impact on the stock. Historical data shows that the company's stock price is sensitive to earnings reports and guidance, making this upcoming announcement crucial for short-term price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100