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Market Impact: 0.35

PepsiCo (PEP) Q2 Earnings and Revenues Surpass Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals
PepsiCo (PEP) Q2 Earnings and Revenues Surpass Estimates

PepsiCo reported quarterly EPS of $2.20, topping the Zacks Consensus Estimate of $2.19 (a beat of ~$0.01, ~0.5%). EPS improved from $2.12 a year ago. Overall results are a modest positive versus expectations, which may support shares modestly.

Analysis

PepsiCo reported quarterly EPS of $2.20, topping the Zacks Consensus Estimate of $2.19 (a beat of ~$0.01, ~0.5%). EPS improved from $2.12 a year ago. Overall results are a modest positive versus expectations, which may support shares modestly.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

PEP0.35