{"symbol":"PEP","fiscalQuarter":"Q2-2026","reportDate":"2026-07-16","reportTime":"BMO","status":"upcoming","company":{"name":"PepsiCo, Inc.","sector":"Consumer Staples","industry":"Soft Drinks & Non-alcoholic Beverages"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/PEP/earnings/Q2-2026","estimates":{"consensusEps":2.2308,"consensusRevenue":24010.3,"epsLow":2.16,"epsHigh":2.55,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"PepsiCo, Inc. (PEP) is a leading global food and beverage company known for its popular soft drinks and non-alcoholic beverages. Operating in the consumer staples sector, PepsiCo plays a significant role in the everyday lives of consumers, making it a key player in the market, especially as consumer spending patterns evolve.","keyMetrics":[{"name":"EPS","why":"Earnings per share is a critical indicator of profitability and helps gauge how well the company is managing its costs and generating income.","consensus":"$2.23"},{"name":"Revenue","why":"Total revenue reflects the company's sales performance and market demand for its products, which is vital for assessing growth.","consensus":"$24.0B"}],"lastQuarterRecap":{"summary":"In Q1-2026, PepsiCo reported an EPS of $1.61, surpassing expectations by 3.74%. The stock reacted positively, gaining 2.28% the following day.","promises":["Focus on cost management to improve margins.","Continued investment in product innovation.","Expansion into emerging markets to drive growth."]},"wallStreetExpectations":{"summary":"Analysts are cautiously optimistic about PepsiCo's upcoming earnings, with expectations for both EPS and revenue to meet or slightly exceed consensus estimates.","bullCase":"If PepsiCo can deliver strong revenue growth driven by new product launches and effective marketing, it could significantly boost investor confidence.","bearCase":"Conversely, if the company reports lower-than-expected sales or higher costs, it could raise concerns about its ability to maintain profitability in a competitive market."},"optionsSignal":{"impliedMove":"7.46%","context":"The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings report."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+3.74%","reaction":"+2.28%"},{"quarter":"Q4-2025","epsSurprise":"+1.07%","reaction":"+4.93%"},{"quarter":"Q3-2025","epsSurprise":"+1.06%","reaction":"+4.23%"},{"quarter":"Q2-2025","epsSurprise":"-54.86%","reaction":"+7.45%"},{"quarter":"Q1-2025","epsSurprise":"-1.46%","reaction":"-4.89%"}],"pivotalQuestions":[{"question":"Will EPS exceed the consensus estimate of $2.23?","whyItMatters":"A strong EPS performance would indicate effective cost management and strong demand, which are critical for investor confidence."},{"question":"What are the revenue growth expectations in key markets?","whyItMatters":"Understanding revenue growth in emerging markets will provide insight into PepsiCo's long-term growth strategy and market positioning."}],"thesisBreakLevels":{"bullTrigger":"Revenue growth of +5% YoY or better would confirm the bull case.","bearTrigger":"Revenue growth below 2% would raise concerns and confirm the bear case.","context":"The market is debating whether PepsiCo can sustain its growth trajectory amid rising costs and competitive pressures."},"scenarioPlaybook":{"beatAndRaise":"If PepsiCo beats expectations, history suggests the stock could rise by around 1.51%, confirming a positive outlook.","inLineCautious":"An in-line report with cautious commentary may lead to a muted reaction, reflecting uncertainty about future growth.","miss":"If the company misses expectations, history suggests a potential decline of around 1.28%, raising concerns about its operational efficiency."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Consumer Staples","sampleSize":30,"fadeRate":"9 of 27 (33%)","insight":"This setup has occurred 30 times across Consumer Staples in the last 2 years. 18 of 27 (67%) held or extended their move within 5 days \u2014 this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The consensus may underestimate PepsiCo's ability to leverage new product innovations and cost efficiencies, which could lead to stronger-than-expected revenue growth.","supportingPoints":["Recent product launches have shown promising early sales figures.","The company's historical performance suggests it often exceeds EPS estimates.","Options pricing indicates higher expected volatility, which may reflect investor optimism."],"riskToConsensus":"If revenue growth comes in below $24B, it could undermine the positive narrative."},"whatToListenFor":["Updates on new product launches and their market reception.","Any commentary on cost management strategies and their effectiveness.","Insights into consumer trends and preferences in key markets.","Discussion of competitive pressures and how the company plans to address them."],"metaDescription":"PepsiCo (PEP) reports Q2 2026 earnings July 16. Analysts expect $2.23 EPS on $24.0B revenue. Here's what to watch."}}