PEP Earnings

PEP reported its earnings on 2026-02-03, showcasing a revenue of 29.34B against an estimate of 29.01B, resulting in a 1.15% surprise. The EPS was 2.26, surpassing the expected 2.24 by 0.89%. The stock experienced a 4.93% price change on the earnings day and a 9.85% change over the next five days, reflecting market reactions to the results.

Following PEP's earnings announcement on 2026-02-03, the stock price moved by 4.93% on the day of the release. Over the subsequent five days, it saw a 9.85% change. Historically, PEP's stock price tends to shift by an average of -0.16% in the 10 days leading up to earnings and 0.88% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate PEP's annual revenue to reach 18.66B, while the EPS is projected at 1.57. These estimates reflect recent revisions, with revenue estimates revised downward by -0.02% and EPS estimates revised downward by -0.03% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PEP's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised downward by -0.02%, while EPS estimates moved revised downward by -0.03%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PEP's stock price typically moves by -0.16% in the 10 days before its earnings and 0.88% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 1.57 and revenue of 18.66B.

The earnings call summary and Q&A session indicate a positive outlook. Initiatives in affordability and targeted pricing are expected to drive growth, supported by strong ROI. Advertising spending is set to increase, enhancing brand value. The energy portfolio and acquisitions contribute to growth, and strategic innovations align with consumer trends. Although management avoided some specifics, the overall sentiment is optimistic, with anticipated growth in North America and international markets. The positive initiatives outweigh the lack of detailed guidance, suggesting a positive stock price movement.