PepsiCo (NASDAQ:PEP), Inc investors are likely expecting big things from the company when it reports its second quarter fiscal 2023 earnings on July 13 after the food and beverage giant raised its full-year outlook on a strong 1Q back in April.
The company currently expects to post full-year 2023 earnings of about $7.27 per share on revenue of $93.3 billion.
When it comes to the company’s upcoming second-quarter results, analysts, on average, expect the company to report earnings per share of $1.95, according to Zacks Consensus Estimate.
The Street expects revenue for the period of $21.7 billion.
In the year-ago quarter, the company posted earnings per share of $1.03 on revenue of $20.2 billion.
PepsiCo shares closed at $185.60 on Monday. The stock is up 3.5% year to date.
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