Pepsico (PEP) earnings for the quarter ended September 2026: EPS beats estimates
Pepsico reported results for the quarter ended September 2026 on October 8, 2026. Adjusted earnings per share came in at $2.34 against the analysts’ average forecast of $2.30, a beat of 1.9%.
Revenue for the quarter was $25.27 billion, up 5.6% from $23.94 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 1.8% on the first trading day after the report.
The last four quarters
Pepsico has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.34 | $2.30 | +1.9% | +6% | +1.8% |
| Jun 2026 | $2.20 | $2.21 | −0.4% | +6% | −3.6% |
| Mar 2026 | $1.61 | $1.55 | +3.8% | +9% | +1.8% |
| Dec 2025 | $2.26 | $2.24 | +1.0% | +6% | +7.1% |
What comes next
Analysts expect EPS of $2.24 for the next quarter on average and $8.42 for the fiscal year ending December 31, 2026.
The average analyst price target is $141.59, 3% below the current price of $145.44.
Valuation and score
Pepsico scores 2.8 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 18.3, and its intrinsic value under moderate assumptions is about 13% below the current market value. Full Pepsico analysis with 10 years of financials
Frequently asked questions
What was Pepsico’s EPS for the quarter ended September 2026?
$2.34 adjusted per share, against an analyst consensus of $2.30.
How much revenue did Pepsico report?
$25.27 billion, up 5.6% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.