PepsiCo Q2 Earnings Preview: Buy Recommendation Uncertain

PepsiCo is expected to report a decline in Q2 revenues and EPS due to softness in PFNA and inflation-driven demand shifts in North America. Rising supply-chain costs and tariff pressures are also expected to impact margins and earnings. The company’s stock has underperformed peers in the past three months, trading at a forward P/E ratio of 16.83X. Despite challenges, PepsiCo’s diversified portfolio, international business, and productivity initiatives could drive top-line growth. Analysts are cautious on the stock due to ongoing headwinds, suggesting a wait-and-watch approach may be prudent post-earnings.

Read more at Zacks Investment Research: PepsiCo Nears Q2 Earnings: Is a Buy Warranted Before the Release? – July 11, 2025