PepsiCo (PEP) Q4 Earnings Report Preview: Key Metrics to Monitor
PepsiCo (NASDAQ: PEP), a leading food and beverage conglomerate, is set to release its Q4 financial results pre-market tomorrow. Here are the key indicators to watch:
Revenue:
Analysts anticipate flat revenue growth year-over-year (YoY) at $27.91 billion, matching the previous Q4 performance.
Adjusted Earnings:
Earnings per share (EPS) are projected to reach $1.94, indicating a slight increase from the prior quarter.
Analysts' Sentiment:
Over the past 30 days, analysts have largely maintained their estimates, suggesting stability heading into earnings.
Peer Comparisons:
Beverage industry peers have already reported Q4 results, providing insights into potential trends. Altria experienced 1.6% YoY revenue growth, surpassing expectations, while Tilray fell short by 3.6%.
Market Performance:
Despite a challenging year for beverages, alcohol, and tobacco stocks, PepsiCo has outperformed with a 2.7% increase. The average analyst price target is $172.71, significantly higher than the current share price.
Investment Considerations:
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