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PepsiCo Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. PepsiCo earnings report due July 17 shows expected decline in earnings. 2. Projected quarterly revenue estimated at $22.3 billion, down from $22.5 billion. 3. PepsiCo collaborates with Cargill for regenerative agriculture on 240,000 acres. 4. Analysts maintain mixed ratings, with price target cuts from multiple firms. 5. PepsiCo shares gained 1.2%, closing at $135.35 prior to earnings.

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FAQ

Why Bearish?

The expected decline in earnings per share from $2.28 to $2.03 indicates potential weakness. Historically, missing earnings expectations often leads to stock price drops.

How important is it?

The upcoming earnings report and revenue projections are central to PepsiCo's market performance. Immediate analyst ratings affect investor sentiment and consequently stock price.

Why Short Term?

Earnings reports typically influence stock prices immediately after release. Given near-term earnings expectations, immediate effects are more likely.

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