Pepsico Inc (PEP) is going to report earnings on October 11. Here's a few things you should know about before the report drops.
Analysts forecasts have Pepsico Inc reporting an EPS (earnings per share) of $1.84, GAAP Estimate of $1.82, and a Revenue Estimate of $20.78B on Tuesday. Over the last 90 days, analysts have lowered estimates 10 times and raised them 3 times.
If you're a bull you'll primarily care about three things. The first is that the reported EPS beat analysts estimates. The second is that the beat is on higher than expected revenues. Third, that the company guides analysts to robust growth going forward. If all check out, the stock should react accordingly.
PEP bears will be listening for news that the company underperformed the analysts' estimates. After that they'll want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
Shares of PEP were trading at $163.26 as of October 03. Over the last 52-weeks, shares are down -9.23%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.