On Thursday, September 29th, PepsiCo (PEP - Free Report) will release its Q2 earnings results before the bell. The company is a Zacks Rank #4 (Sell), and they were downgraded within the last 30 days due to downward revisions in their earnings estimates.
Dave will investigate PepsiCo’s past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on PepsiCo ahead of earnings.
PepsiCo Inc. in Focus
PepisCo Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo's success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.
PepsiCo is expected to report earnings at $1.32 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $1.35 per share beating the Zack’s Consensus Estimate of $1.28 per share, and they have an average surprise of 5.62% over the last four quarters.
PepsiCo is trading just above $107 a share, and they are just shy of their 52-week high of $110.94 per share.
The Zacks Industry Rank classifies PepsiCo Ltd. in the Beverages – Soft Drinks Industry, and their industry is in the bottom 40%. The soft drink industry is difficult to gauge since consumer demands are constantly changing, and companies are doing their best to meet consumers’ expectations. Furthermore, PepsiCo has difficult competition from giants such as Coca-Cola and Dr. Pepper Snapple .
Bottom Line
How should investors play PepsiCo ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1:00pm CST next Tuesday to see if he’ll be bullish, or bearish. If you are interested in Dave’s exclusive live streams and service, then sign up for Zacks Live Trader.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Thursday, September 29th, PepsiCo (PEP - Free Report) will release its Q2 earnings results before the bell. The company is a Zacks Rank #4 (Sell), and they were downgraded within the last 30 days due to downward revisions in their earnings estimates.
Dave will investigate PepsiCo’s past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on PepsiCo ahead of earnings.
PepsiCo Inc. in Focus
PepisCo Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo's success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.
PepsiCo is expected to report earnings at $1.32 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $1.35 per share beating the Zack’s Consensus Estimate of $1.28 per share, and they have an average surprise of 5.62% over the last four quarters.
PepsiCo is trading just above $107 a share, and they are just shy of their 52-week high of $110.94 per share.
The Zacks Industry Rank classifies PepsiCo Ltd. in the Beverages – Soft Drinks Industry, and their industry is in the bottom 40%. The soft drink industry is difficult to gauge since consumer demands are constantly changing, and companies are doing their best to meet consumers’ expectations. Furthermore, PepsiCo has difficult competition from giants such as Coca-Cola and Dr. Pepper Snapple .
Bottom Line
How should investors play PepsiCo ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1:00pm CST next Tuesday to see if he’ll be bullish, or bearish. If you are interested in Dave’s exclusive live streams and service, then sign up for Zacks Live Trader.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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