PepsiCo 2Q Earnings Pregame Scorecard

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Having topped analysts' estimates last quarter by 2 cents per share, PepsiCo (NYSE:PEP) is expected to deliver its latest earnings on Wednesday, July 25, 2012.

Expectations

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Analysts currently expect PepsiCo to come in with earnings of $1.09 per share on revenues of $16.66 billion. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $1.10.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $2.83 per share between May 9, 2012 and May 17, 2012. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $4.20 (6.3%), from $66.18 to $70.38.

Company Fundamental Trends In the aftermarth of a profit drop last quarter that a positive string of results, the company is looking to get back on track with this earnings announcement. Before falling in the first quarter, revenue rose 17.6% in the second quarter of the last fiscal year, 4.1% in the third quarter of the last fiscal year and 3.7% in the fourth quarter of the last fiscal year. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 13.7% in the second quarter of the last fiscal year, 13.3% in the third quarter of the last fiscal year and 11% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Stock Ratings

Analysts are bullish on the stock as 11 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 1.4% to $1.13 billion (71 cents a share) from $1.14 billion (71 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 4.1% to $12.43 billion from $11.94 billion.

Summary

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012 before market open

EPS: $1.09

Revenue Estimate: $16.66 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)