PepsiCo is set to announce earnings on July 17. Historical data shows the stock tends to rise post-earnings, with a median return of 1.5%. Consensus estimates predict earnings of $2.03 per share on sales of $22.3 billion, lower than last year’s $2.28 per share on $22.5 billion.
Traders can position themselves before or after earnings. PepsiCo has a market cap of $186 billion, generating $92 billion in revenue over the last year with strong profitability. For lower volatility, consider the Trefis High Quality portfolio, which has outperformed the S&P 500 with over 91% returns.
Historical data shows PepsiCo stock tends to have positive one-day returns after earnings, with 78% of instances being positive. Understanding the correlation between short-term and medium-term returns post-earnings can inform trading decisions. Consider peer performance influence on stock reaction and explore Trefis RV strategy for strong returns.
Read more at Nasdaq: How Will PepsiCo Stock React To Its Upcoming Earnings?