PepsiCo beats Q3 estimates but lowers 2026 growth outlook
KO Coca-Cola Co
$88.05 +0.32%
View chart & analysis → - 1PepsiCo's adjusted earnings per share for the third quarter was $2.34, marking a 2% year-over-year increase in adjusted Q3 EPS.
- 2PepsiCo lowered its core EPS growth outlook for 2026 from the previous 5% to 7% to 2.5% to 3.5%.
- 3Coca-Cola provided an adjusted EPS growth outlook of 9% to 10% for 2026.
So what's the key point?
PepsiCo earned more money than expected in the third quarter. However, the growth rate in 2026 is expected to be slower than before, so investors should be cautious.
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