PepsiCo cuts profit outlook
PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
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PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
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%.
PepsiCo, Inc. (NASDAQ: PEP ) stock rose in Thursday’s premarket trading after the company reported better-than-expected third-quarter earnings and revenue. However, PepsiCo lowered its fiscal 2026 earnings outlook as its North American operations continued to face margin pressure. The company also outlined additional c
PepsiCo faces renewed cost pressure as investors look ahead to quarterly results and signs that its North American turnaround is gaining traction. Wall Street expects adjusted earnings of $2.30 a share on revenue of about $24.96 billion for the fiscal third quarter.
PepsiCo, Inc. (NASDAQ: PEP ) reported second-quarter results Thursday that topped revenue expectations but fell just short on adjusted earnings, sending the stock lower in premarket trading. While revenue exceeded Wall Street estimates, investors appeared disappointed by a slight adjusted EPS miss, weaker-than-expected