Lay's, Tostitos Comeback Set To Ignite Q4, But Can PepsiCo Fend Off Q3 Earnings Dip?
1. PepsiCo is shifting strategies to manage demand and prepare for product relaunches. 2. Analyst estimates adjusted: Q2 EPS at $2.12, surpassing expectations. 3. Short-term headwinds expected due to tough year-over-year comparisons in Q3. 4. International growth remains strong, particularly in Latin America and EMEA. 5. Revised EPS forecast for Q3 reduced to $2.26 from $2.37.