{"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 snacks. As part of the consumer staples sector, it plays a crucial role in everyday consumer spending, especially during economic fluctuations.","keyMetrics":[{"name":"EPS","why":"Earnings per share (EPS) is a key indicator of profitability and will show how well the company is managing costs and generating profits.","consensus":"$2.23"},{"name":"Revenue","why":"Total revenue reflects overall sales performance and demand for PepsiCo's products, which is vital for assessing growth.","consensus":"$24.0B"}],"lastQuarterRecap":{"summary":"In Q1-2026, PepsiCo reported an EPS of $1.61, surpassing estimates by 3.74%. The stock reacted positively, increasing by 2.28% the next day.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect PepsiCo to report solid earnings this quarter, with a consensus EPS of $2.23. The market is watching closely for any signs of growth in revenue amidst competitive pressures.","bullCase":"If PepsiCo beats EPS estimates and shows strong revenue growth, it could indicate robust demand and effective cost management, leading to a positive market reaction.","bearCase":"Conversely, if the company misses EPS estimates or reports stagnant revenue growth, it may raise concerns about market share and profitability, potentially leading to a negative stock reaction."},"optionsSignal":{"impliedMove":"7.46%","context":"The options market is pricing in a significant move, suggesting that traders expect 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 beat on EPS would reinforce confidence in PepsiCo's profitability and operational efficiency, potentially boosting the stock."},{"question":"What is the revenue outlook for the quarter?","whyItMatters":"Revenue growth is crucial for assessing market demand and competitive positioning, and any guidance on future sales will be closely scrutinized."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $2.30 or higher, coupled with revenue exceeding $24.2B, would confirm a bullish outlook.","bearTrigger":"An EPS below $2.16 or revenue falling short of $23.7B would support a bearish view.","context":"This quarter's performance will hinge on PepsiCo's ability to meet or exceed analyst expectations for both EPS and revenue."},"scenarioPlaybook":{"beatAndRaise":"If PepsiCo beats expectations, history suggests a potential stock increase of around 1.51%, confirming strong demand and management effectiveness.","inLineCautious":"If results are in line with expectations, the stock may react cautiously, reflecting uncertainty about future growth.","miss":"A miss on earnings could lead to a decline of about 1.28%, raising concerns about market share and profitability."},"whatTheStreetIsMissing":{"thesis":"The consensus may underestimate the impact of new product launches and marketing strategies that could drive higher sales growth than anticipated.","supportingPoints":["Recent trends in consumer spending indicate a shift towards premium products, which PepsiCo is well-positioned to capitalize on.","The options market is pricing in a larger move than historical averages, suggesting traders expect significant news that could surprise the market."],"riskToConsensus":"If revenue growth significantly exceeds $24.0B, it could challenge the current bearish sentiment."},"whatToListenFor":["Updates on new product launches and their initial sales performance.","Any commentary on market share changes in key beverage categories.","Insights into cost management strategies and their impact on margins.","Guidance on future revenue growth expectations and market conditions.","Responses to competitive pressures and how they are affecting pricing strategies."],"metaDescription":"PepsiCo (PEP) reports Q2 2026 earnings July 16. Analysts expect $2.23 EPS on $24.0B revenue. Here's what to watch."}}