PepsiCo Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
PepsiCo is set to release its Q3 earnings on Oct. 8, with expected earnings of $2.30 per share and revenue of $23.85 billion. The company recently announced a $1.2 billion acquisition of Siete Foods. Analysts have adjusted their ratings and price targets for PepsiCo, reflecting mixed sentiments.
October 08, 2024 | 6:52 am
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PepsiCo is expected to report Q3 earnings of $2.30 per share and revenue of $23.85 billion. The company has acquired Siete Foods for $1.2 billion. Analysts have mixed ratings, with some downgrades and price target reductions.
PepsiCo's upcoming earnings report and recent acquisition are significant events. The acquisition could drive future growth, but mixed analyst ratings and price target reductions suggest uncertainty about short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100