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PepsiCo Earnings Estimate

PEP Stock  USD 175.01  1.44  0.83%   
The next projected EPS of PepsiCo is estimated to be 1.52 with future projections ranging from a low of 1.5 to a high of 1.59. PepsiCo's most recent 12-month trailing earnings per share (EPS TTM) is at 6.56. Please be aware that the consensus of earnings estimates for PepsiCo is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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PepsiCo is projected to generate 1.52 in earnings per share on the 31st of March 2024. PepsiCo earnings estimates module stress-tests analyst consensus about projected PepsiCo EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as PepsiCo, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing PepsiCo's earnings estimates, investors can diagnose different trends across PepsiCo's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, PepsiCo's Gross Profit is relatively stable compared to the past year. As of 03/29/2024, Gross Profit Margin is likely to grow to 0.63, while Pretax Profit Margin is likely to drop 0.10.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PepsiCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in PepsiCo Stock, please use our How to Invest in PepsiCo guide.

PepsiCo Earnings Estimation Breakdown

The calculation of PepsiCo's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of PepsiCo is estimated to be 1.52 with the future projection ranging from a low of 1.5 to a high of 1.59. Please be aware that this consensus of annual earnings estimates for PepsiCo is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.78
1.50
Lowest
Expected EPS
1.52
1.59
Highest

PepsiCo Earnings Projection Consensus

Suppose the current estimates of PepsiCo's value are higher than the current market price of the PepsiCo stock. In this case, investors may conclude that PepsiCo is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and PepsiCo's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
2294.91%
1.78
1.52
6.56

PepsiCo Earnings History

Earnings estimate consensus by PepsiCo analysts from Wall Street is used by the market to judge PepsiCo's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only PepsiCo's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

PepsiCo Quarterly Gross Profit

14.85 Billion

At this time, PepsiCo's Retained Earnings are relatively stable compared to the past year. As of 03/29/2024, Price Earnings To Growth Ratio is likely to grow to 1.96, while Retained Earnings Total Equity is likely to drop slightly above 55.7 B. As of 03/29/2024, Common Stock Shares Outstanding is likely to drop to about 1.3 B. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 6.4 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PepsiCo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
173.95175.01176.07
Details
Intrinsic
Valuation
LowRealHigh
154.70155.76192.51
Details
Naive
Forecast
LowNextHigh
175.81176.87177.93
Details
24 Analysts
Consensus
LowTargetHigh
161.96177.98197.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PepsiCo. Your research has to be compared to or analyzed against PepsiCo's peers to derive any actionable benefits. When done correctly, PepsiCo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PepsiCo. Note that many institutional investors and large investment bankers can move markets due to the volume of PepsiCo assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards PepsiCo. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving PepsiCo's stock price in the short term.

PepsiCo Earnings per Share Projection vs Actual

Actual Earning per Share of PepsiCo refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering PepsiCo predict the company's earnings will be in the future. The higher the earnings per share of PepsiCo, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

PepsiCo Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as PepsiCo, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of PepsiCo should always be considered in relation to other companies to make a more educated investment decision.

PepsiCo Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact PepsiCo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-09
2023-12-311.721.780.06
2023-10-10
2023-09-302.152.250.1
2023-07-13
2023-06-301.962.090.13
2023-04-25
2023-03-311.391.50.11
2023-02-09
2022-12-311.651.670.02
2022-10-12
2022-09-301.841.970.13
2022-07-12
2022-06-301.741.860.12
2022-04-26
2022-03-311.231.290.06
2022-02-10
2021-12-311.521.530.01
2021-10-05
2021-09-301.731.790.06
2021-07-13
2021-06-301.531.720.1912 
2021-04-15
2021-03-311.121.210.09
2021-02-11
2020-12-311.461.470.01
2020-10-01
2020-09-301.491.660.1711 
2020-07-13
2020-06-301.251.320.07
2020-04-28
2020-03-311.031.070.04
2020-02-13
2019-12-311.441.450.01
2019-10-03
2019-09-301.51.560.06
2019-07-09
2019-06-301.51.540.04
2019-04-17
2019-03-310.920.970.05
2019-02-15
2018-12-311.491.490.0
2018-10-02
2018-09-301.571.590.02
2018-07-10
2018-06-301.521.610.09
2018-04-26
2018-03-310.930.960.03
2018-02-13
2017-12-311.31.310.01
2017-10-04
2017-09-301.431.480.05
2017-07-11
2017-06-301.41.440.04
2017-04-26
2017-03-310.920.940.02
2017-02-15
2016-12-311.161.20.04
2016-09-29
2016-06-301.321.40.08
2016-04-18
2016-03-310.810.890.08
2016-02-11
2015-12-311.061.060.0
2015-10-06
2015-09-301.261.350.09
2015-07-09
2015-06-301.241.320.08
2015-04-23
2015-03-310.790.830.04
2015-02-11
2014-12-311.081.120.04
2014-10-09
2014-09-301.291.360.07
2014-07-23
2014-06-301.231.320.09
2014-04-17
2014-03-310.750.830.0810 
2014-02-13
2013-12-311.011.050.04
2013-10-16
2013-09-301.171.240.07
2013-07-24
2013-06-301.191.310.1210 
2013-04-18
2013-03-310.710.770.06
2013-02-14
2012-12-311.051.090.04
2012-10-17
2012-09-301.161.20.04
2012-07-25
2012-06-301.091.120.03
2012-04-26
2012-03-310.670.690.02
2012-02-09
2011-12-311.131.150.02
2011-10-12
2011-09-301.31.310.01
2011-07-21
2011-06-301.211.210.0
2011-04-28
2011-03-310.730.740.01
2011-02-10
2010-12-311.041.050.01
2010-10-07
2010-09-301.221.220.0
2010-07-20
2010-06-301.081.10.02
2010-04-22
2010-03-310.750.760.01
2010-02-11
2009-12-310.90.90.0
2009-10-08
2009-09-301.031.080.05
2009-07-22
2009-06-3011.020.02
2009-04-20
2009-03-310.670.710.04
2009-02-13
2008-12-310.880.880.0
2008-10-14
2008-09-301.081.06-0.02
2008-07-23
2008-06-301.021.030.01
2008-04-24
2008-03-310.70.70.0
2008-02-07
2007-12-310.790.80.01
2007-10-11
2007-09-300.960.990.03
2007-07-24
2007-06-300.890.940.05
2007-04-25
2007-03-310.610.650.04
2007-02-08
2006-12-310.720.720.0
2006-10-12
2006-09-300.860.880.02
2006-07-13
2006-06-300.770.80.03
2006-04-26
2006-03-310.580.60.02
2006-02-08
2005-12-310.650.650.0
2005-09-29
2005-06-300.730.780.05
2005-04-14
2005-03-310.50.530.03
2005-02-03
2004-12-310.580.580.0
2004-09-30
2004-06-300.650.660.01
2004-04-15
2004-03-310.460.460.0
2004-02-05
2003-12-310.510.520.01
2003-10-07
2003-09-300.620.58-0.04
2003-07-10
2003-06-300.580.54-0.04
2003-04-17
2003-03-310.420.4-0.02
2003-02-06
2002-12-310.50.50.0
2002-10-08
2002-09-300.550.54-0.01
2002-07-08
2002-06-300.520.520.0
2002-04-23
2002-03-310.370.380.01
2002-02-06
2001-12-310.420.420.0
2001-10-10
2001-09-300.460.480.02
2001-07-19
2001-06-300.430.440.01
2001-04-23
2001-03-310.320.340.02
2001-02-05
2000-12-310.380.380.0
2000-10-04
2000-09-300.390.40.01
2000-07-13
2000-06-300.360.380.02
2000-04-19
2000-03-310.280.290.01
2000-02-09
1999-12-310.310.330.02
1999-10-06
1999-09-300.330.340.01
1999-07-20
1999-06-300.30.310.01
1999-04-22
1999-03-310.250.250.0
1999-02-01
1998-12-310.230.240.01
1998-10-13
1998-09-300.40.37-0.03
1998-07-16
1998-06-300.330.330.0
1998-04-28
1998-03-310.230.240.01
1998-02-03
1997-12-310.310.29-0.02
1997-10-22
1997-09-300.360.35-0.01
1997-07-22
1997-06-300.370.40.03
1997-04-29
1997-03-310.240.270.0312 
1997-02-04
1996-12-310.330.24-0.0927 
1996-10-15
1996-09-300.350.32-0.03
1996-07-23
1996-06-300.350.350.0
1996-04-30
1996-03-310.230.240.01
1996-02-06
1995-12-310.340.350.01
1995-10-17
1995-09-300.380.390.01

About PepsiCo Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of PepsiCo earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current PepsiCo estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as PepsiCo fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings70 B73.5 B
Retained Earnings Total Equity78 B55.7 B
Price Earnings Ratio 32.18  26.98 
Price Earnings To Growth Ratio 1.87  1.96 

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When determining whether PepsiCo is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PepsiCo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pepsico Stock. Highlighted below are key reports to facilitate an investment decision about Pepsico Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PepsiCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in PepsiCo Stock, please use our How to Invest in PepsiCo guide.
Note that the PepsiCo information on this page should be used as a complementary analysis to other PepsiCo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running PepsiCo's price analysis, check to measure PepsiCo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PepsiCo is operating at the current time. Most of PepsiCo's value examination focuses on studying past and present price action to predict the probability of PepsiCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PepsiCo's price. Additionally, you may evaluate how the addition of PepsiCo to your portfolios can decrease your overall portfolio volatility.
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Is PepsiCo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PepsiCo. If investors know PepsiCo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PepsiCo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.521
Dividend Share
4.945
Earnings Share
6.56
Revenue Per Share
66.476
Quarterly Revenue Growth
(0.01)
The market value of PepsiCo is measured differently than its book value, which is the value of PepsiCo that is recorded on the company's balance sheet. Investors also form their own opinion of PepsiCo's value that differs from its market value or its book value, called intrinsic value, which is PepsiCo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PepsiCo's market value can be influenced by many factors that don't directly affect PepsiCo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PepsiCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if PepsiCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PepsiCo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.