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PepsiCo Q1 Earnings Preview: Can Beverage Giant Keep Streak Of EPS Beats Alive? One Analyst Cautions On Salty Snacks
Beverage and food giant PepsiCo Inc (NASDAQ:PEP) is set to report first-quarter financial results before the market open Tuesday.
Here are the key earnings estimates and what analysts are saying ahead of the report.
Earnings Estimates: Analysts expect Pepsi to report first-quarter revenue of $18.08 billion, according to estimates from Benzinga Pro.
The company reported revenue of $17.85 billion in last year's first quarter. Pepsi beat revenue estimates from analysts in nine of the past 10 quarters.
Analysts expect Pepsi to report first-quarter earnings per share of $1.52, compared to $1.50 reported in last year's first quarter. The company beat Street consensus estimates in 10 of the past 10 quarters.
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