Brace yourselves for the unveiling of PepsiCo’s (NASDAQ: PEP) third quarter financial results on Tuesday 8th October 2024. This eagerly awaited announcement will take place before market open.
It is anticipated by financial experts on Wall Street that the establishment is set to announce an estimated $2.29 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $23.84 billion for this period.
In the same three months of the year before, the company made income of $2.25 per share, as shown in their financial report. This number came from the total revenue of $23.45 billion that the company earned in that particular quarter.
Wall Street analysts have offered their forecasts for the company’s yearly performance, predicting a total revenue of $93.54 billion. At the same time, they are expecting the company to achieve per share profit of $8.14 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.28 | +9.1% | 22.50 B | +0.8% |
| Q1 2024 | $1.61 | +7.3% | 18.25 B | +2.3% |
| Q4 2023 | $1.78 | +6.6% | 27.85 B | -0.5% |
| Q3 2023 | $2.25 | +14.2% | 23.45 B | +6.7% |
| Q2 2023 | $2.09 | +12.4% | 22.32 B | +10.4% |
| *Growth on year-over-year basis | ||||
PEP will host a conference call with investment community on 8th October 2024 at 08:15 AM eastern time to discuss the financial results.
The previous trading day saw PepsiCo (PEP) shares trading between $166.82 and $168.50, besides a volume of 4.31 million shares. The stock closed Friday’s regular trading session at $167.97, demonstrating 0.33 percent downfall.
