Analysts project PepsiCo to report 2.3% organic sales growth, below the 2.8% consensus estimate for Q2.
PepsiCo is set to release second-quarter earnings in two weeks, with Evercore ISI anticipating results below analyst expectations. The firm models organic sales growth of 2.3%, falling short of the 2.8% consensus estimate among analysts.
Consensus forecasts had previously aligned around stronger performance, reflecting broader market expectations for the beverage and snack giant. Comparable periods showed PepsiCo typically meeting or exceeding projections, making this potential miss notable.
No immediate market reaction was detailed, but the deviation from consensus could influence investor sentiment ahead of the report.