PepsiCo Stock Rises Despite Trailing Market Gains; Upcoming Earnings Expected to Show Revenue and EPS Growth
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PepsiCo (PEP) stock rose 0.7% despite trailing the broader market's gains.
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EPS is expected to rise 10.15% for the upcoming quarterly report on October 10.
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Revenue is projected to increase 6.59% year-over-year.
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For the full year, EPS and revenue growth estimates stand at +10.16% and +6.61%.
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PepsiCo currently has a Zacks Rank of #4 (Sell), indicating analyst pessimism.