PepsiCo's next earnings report is set to be released Thursday morning following a recent pullback in the soda and snack maker's stock.
Sales and profits are expected to have grown year-over-year, but ******* ysts have said sales in some of Pepsi's segments look to have weakened recently.
PepsiCo is scheduled to post its latest quarterly results ahead of the opening bell Thursday. The food and beverage giant's stock could undergo a sizable swing to finish the week.
Based on current options pricing, PepsiCo (PEP) shares are seen moving as much as 4% in either direction by the end of the week. A move of that size from Monday's close of $143.29 could see shares rise to nearly $149, their highest point in over a month, or fall to below $138, near their lowest point of the year. Pepsi shares fell slightly Monday on a solid day for stocks broadly, with the Dow closing at a new record high.
PepsiCo and fellow household names like Delta Air Lines and Levi Strauss are each set to report earnings this week, kicking off the second-quarter earnings season and providing fresh insights on how American consumers fared in the second quarter.
Sales and profits are expected to have grown year-over-year, but ******* ysts have said sales in some of Pepsi's segments look to have weakened recently.
PepsiCo is scheduled to post its latest quarterly results ahead of the opening bell Thursday. The food and beverage giant's stock could undergo a sizable swing to finish the week.
Based on current options pricing, PepsiCo (PEP) shares are seen moving as much as 4% in either direction by the end of the week. A move of that size from Monday's close of $143.29 could see shares rise to nearly $149, their highest point in over a month, or fall to below $138, near their lowest point of the year. Pepsi shares fell slightly Monday on a solid day for stocks broadly, with the Dow closing at a new record high.
PepsiCo and fellow household names like Delta Air Lines and Levi Strauss are each set to report earnings this week, kicking off the second-quarter earnings season and providing fresh insights on how American consumers fared in the second quarter.
1 month ago
