Q1 Earnings Preview: Will Pepsico continue the trend of topping consensus?
PepsiCo (NASDAQ:PEP) is scheduled to announce Q1 earnings results on Tuesday, April 26th, before market open.
The consensus EPS Estimate is $1.23 (+1.7% Y/Y) and the consensus Revenue Estimate is $15.54B (+4.9% Y/Y).
Over the last 2 years, PEP has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.

Over the last 3 months, EPS estimates have seen 0 upward revisions and 11 downward. Revenue estimates have seen 4 upward revisions and 4 downward.
The company's ability to pass price increases to the consumers is expected to improve returns to shareholders through the rest of this year and beyond. It has a solid history of returning cash to shareholders through buyback and steadily growing dividend.
In Q4, the company exceeded the consensus mark and raised annual dividend by 7%. Beverage and snack food giant guided FY2022 organic revenue growth of 6% with core earnings per share of $6.67.
The company may adjust its 2022 outlook to reflect the latest demand and cost trends.
On Monday, rival Coca-Cola (KO) topped Q1 estimates with organic sales growth of 18% vs. +9.5% consensus, led by a 22% jump in the Europe, Middle East & Africa region and 39% pop in Latin America. Organic sales were 14% higher in North America.
Over the period of one year shares have outperformed the broader market index: 

Wall Street Analysts screens the stock with a buy rating whereas SA quant rating says to hold the stock.