PepsiCo (PEP) Reports Next Week: What Awaits?

PepsiCo is expected to report flat earnings per share of $2.29 for Q3 2026 with revenues up 3.9% to $24.88 billion. However, recent analyst revisions have turned bearish with a negative Earnings ESP of -0.10% and a Zacks Rank #4 rating, making an earnings beat unlikely despite the company's strong historical track record of beating estimates.