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News 2026-10-08 15:40 UTC

Pepsi beats estimates but cuts full-year guidance

PepsiCo reported third-quarter adjusted earnings of $2.34 a share on revenue of $25.27 billion, topping analyst estimates. The company also cut its full-year earnings growth outlook to 2.5% to 3.5% from a previous range at the low end of 5% to 7%.

News 2026-10-08 13:19 UTC

PepsiCo beats estimates but cuts 2027 guidance

PepsiCo said fiscal third-quarter earnings beat Wall Street estimates, but it lowered its fiscal 2027 outlook because of inflationary pressures. The company now expects earnings per share to grow 2.5% to 3.5%, versus prior guidance for the low end of 5% to 7%.