PepsiCo reported third-quarter earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.29 per share and topping year-ago earnings of $2.29 per share on an adjusted basis. The result marked a positive earnings surprise of 2.18%, and the company has now surpassed consensus EPS estimates in each of the last four quarters. Revenue for the quarter ended September 2026 came in at $25.27 billion, surpassing the Zacks Consensus Estimate by 1.59% and up from $23.94 billion a year earlier, with PepsiCo also topping consensus revenue estimates four times over the last four quarters. Ahead of the release, the estimate revisions trend was unfavorable, translating into a Zacks Rank #4 (Sell), and PepsiCo shares have lost about 13.8% since the beginning of the year versus the S&P 500's gain of 14%. The current consensus EPS estimate is $2.43 on $30.33 billion in revenues for the coming quarter and $8.56 on $98.86 billion in revenues for the current fiscal year. Monster Beverage, another stock in the same Beverages - Soft drinks industry, has yet to report results for the quarter ended September 2026 and is expected to post quarterly earnings of $0.29 per share on revenues of $2.48 billion, up 12.9% from the year-ago quarter.
PepsiCo IncPepsiCo beat Q3 EPS ($2.34 vs $2.29) and revenue ($25.27B vs consensus) estimates.
Monster Beverage Corp