For the quarter ended September 2026, PepsiCo (PEP Quick QuotePEP - Free Report) reported revenue of $25.27 billion, up 5.6% over the same period last year. EPS came in at $2.34, compared to $2.29 in the year-ago quarter.

The reported revenue represents a surprise of +1.59% over the Zacks Consensus Estimate of $24.88 billion. With the consensus EPS estimate being $2.29, the EPS surprise was +2.18%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how PepsiCo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Reported Net Revenue, GAAP measure- IB Franchise (International Beverages Franchise): $1.4 billion versus $1.42 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.5% change.
• Reported Net Revenue, GAAP measure- EMEA (Europe, Middle East and Africa): $5.41 billion versus $5.32 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
• Reported Net Revenue, GAAP measure- PBNA (PepsiCo Beverages North America): $7.71 billion versus the four-analyst average estimate of $7.65 billion. The reported number represents a year-over-year change of +5.2%.
• Reported Net Revenue, GAAP measure- PFNA (PepsiCo Foods North America): $6.5 billion compared to the $6.44 billion average estimate based on four analysts. The reported number represents a change of -0.3% year over year.
• Reported Net Revenue, GAAP measure- LatAm Foods: $3.02 billion versus the four-analyst average estimate of $2.9 billion. The reported number represents a year-over-year change of +13.7%.
• Reported Net Revenue, GAAP measure- Asia Pacific Foods: $1.23 billion compared to the $1.2 billion average estimate based on four analysts. The reported number represents a change of +10.2% year over year.
• Core Operating Profit, non-GAAP measure- PFNA (PepsiCo Foods North America): $1.38 billion versus the four-analyst average estimate of $1.42 billion.
• Core Operating Profit, non-GAAP measure- PBNA (PepsiCo Beverages North America): $1.01 billion compared to the $1.11 billion average estimate based on four analysts.
• Core Operating Profit, non-GAAP measure- IB Franchise (International Beverages Franchise): $564 million versus the four-analyst average estimate of $565.29 million.
• Core Operating Profit, non-GAAP measure- Corporate unallocated: $-426 million versus $-411.96 million estimated by four analysts on average.
• Core Operating Profit, non-GAAP measure- LatAm Foods: $626 million versus $579.89 million estimated by four analysts on average.
• Core Operating Profit, non-GAAP measure- Asia Pacific Foods: $179 million compared to the $171.84 million average estimate based on four analysts.

View all Key Company Metrics for PepsiCo here>>>

Shares of PepsiCo have returned -9.5% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.