PepsiCo (PEP) Projected to Release Quarterly Earnings on Thursday

Key Points

• PepsiCo is expected to report Q3 2026 results before market open on October 8. Analysts forecast earnings of $2.30 per share and revenue of approximately $24.98 billion, versus management’s full-year EPS guidance of $8.55–$8.71.
• PepsiCo’s stock opened at $126.72, near its 12-month low of $126.42, while the company maintains a quarterly dividend of $1.48, equivalent to a 4.7% yield and a 54-year dividend-growth streak.
• Investor sentiment has weakened amid concerns about Frito-Lay, the North American turnaround, costs and consumer demand. Several analysts have downgraded the stock or reduced price targets, resulting in a consensus “Hold” rating and an average target of $151.70.

PepsiCo (NASDAQ:PEP - Get Free Report) will likely be issuing its Q3 2026 results before the market opens on Thursday, October 8th. Analysts expect PepsiCo to post earnings of $2.30 per share and revenue of $24.9770 billion for the quarter. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Individuals may review the information on the company's upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, October 8, 2026 at 8:15 AM ET.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to analyst estimates of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. On average, analysts expect PepsiCo to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PepsiCo Stock Performance

NASDAQ PEP opened at $126.72 on Thursday. The company has a market capitalization of $172.96 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 2.92 and a beta of 0.35. The stock has a fifty day simple moving average of $137.41 and a 200 day simple moving average of $144.41. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. PepsiCo has a twelve month low of $126.42 and a twelve month high of $171.48.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th were paid a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, September 4th. PepsiCo's dividend payout ratio is currently 77.59%.

Insiders Place Their Bets

In other news, EVP David Flavell sold 2,900 shares of the company's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $139.54, for a total transaction of $404,666.00. Following the transaction, the executive vice president owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.12% of the company's stock.

Key Headlines Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: PepsiCo appointed Joaquin Duato, chairman and CEO of Johnson & Johnson, to its board. His healthcare, consumer-brand and international experience could support PepsiCo’s push into better-for-you and health-oriented products. PepsiCo taps healthcare chief for its board
• Positive Sentiment: A new multiyear food-and-beverage partnership with Live Nation may expand PepsiCo’s brand exposure and provide marketing opportunities across concerts and events. PepsiCo and Live Nation partnership
• Positive Sentiment: PepsiCo continues investing in hydration, zero-sugar, functional beverages and healthier snacks, while culinary teams are being used to develop new flavors. These initiatives could help offset changing consumer preferences and softer demand. Can innovation help PepsiCo outpace industry headwinds?
• Neutral Sentiment: PepsiCo extended its dividend-growth streak to 54 consecutive years, with an annualized payout of $5.92. However, investors are weighing the income appeal against questions about operating cash flow and declining profits. PepsiCo extends dividend streak
• Negative Sentiment: J.P. Morgan downgraded PepsiCo to Neutral and cut its price target from $170 to $138, citing weakness in Frito-Lay and a stalled North American turnaround. Deutsche Bank also issued a downgrade, while Evercore and Barclays reduced their targets to $135 and $133, respectively. JPMorgan downgrades PepsiCo to Neutral
• Negative Sentiment: Analysts expect only modest improvement in upcoming quarterly earnings, increasing pressure on management to rely on productivity savings to meet full-year guidance. Pricing reversals and higher costs may further weigh on consumer demand and margins.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PEP. Bank of America decreased their price objective on shares of PepsiCo from $173.00 to $164.00 and set a "neutral" rating for the company in a research report on Thursday, June 25th. Jefferies Financial Group set a $138.00 price target on shares of PepsiCo in a research report on Tuesday. Wells Fargo & Company decreased their price target on PepsiCo from $150.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, July 10th. UBS Group set a $159.00 price objective on PepsiCo in a research report on Thursday, July 9th. Finally, Sanford C. Bernstein set a $134.00 target price on PepsiCo in a research report on Friday, July 10th. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $151.70.

PepsiCo Company Profile

PepsiCo, Inc NASDAQ: PEP is a global food and beverage company that develops, manufactures, markets and distributes a broad portfolio of snacks, drinks and convenient foods. Its beverage brands include Pepsi, Mountain Dew, Gatorade, 7UP in select markets, and bubly, while its food and snack brands include Lay's, Doritos, Cheetos, Tostitos, Fritos, Quaker and Ruffles.

The company's operations include beverage production and distribution, snack foods, convenient meals and nutrition-oriented products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.