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PepsiCo beats Q3 earnings estimates but lowers full-year profit forecast

Company Fundamentals
08 Oct 2026
CNBC
View Source
Neutral
PepsiCo beats Q3 earnings estimates but lowers full-year profit forecast

PepsiCo reported third-quarter earnings and revenue that exceeded Wall Street expectations, driven by growth in international markets despite weaker performance in North America. The company earned $2.34 per share on adjusted basis versus the expected $2.29, with revenue rising 5.6% to $25.27 billion. However, PepsiCo lowered its full-year earnings forecast, now expecting core earnings per share growth of 2.5% to 3.5%, down from an earlier projection of 5% to 7%. The company still anticipates net revenue growth around 6%, at the high end of its previous outlook. This signals cautious optimism amid mixed regional performance.

As of Oct 08, 2026 17:21 WIB, PepsiCo shares trade at USD 123.50 on Pluang, showing a slight decline of 0.11% for the day. The stock maintains strong investor interest with a market cap of $168.88 billion and a dividend yield of 4.78%. Despite the recent earnings forecast cut, Pluang users predominantly favor buying, with 98% of order activity on the platform being buys.

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