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PepsiCo will share its earnings soon, and top analysts are changing their predictions before the call.

ResultsRead the original at benzinga.com
Neutral

Analysts expect flat EPS and higher revenue, while several firms trimmed price targets; these facts balance and leave PepsiCo's outlook unchanged.

PEP · PepsiCo, Inc.

AI read · Neutral

The AI's read

Expected Q3 revenue of $25 billion sits above last year’s $23.94 billion. Expected earnings are basically flat at $2.30 versus $2.29. Multiple analysts trimmed price targets recently while one raised a target. Those growth signals and analyst caution pull in different directions. Taken together, the new facts do not change how I read PepsiCo today.

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