$Pepsi(PEP)$ 🅵🅸🆉🆉🅰 🅴🅰🆁🅽🅸🅽🅶🆂?
🎯🥤🎯 PepsiCo’s Q3 Earnings: Poppin’ Profits or Fizzlin’ Out? 🥤🎯🥤
Kia ora Tiger traders!
Let’s dive into the latest PepsiCo ($PEP) Q3 earnings report, one that’s got the market wondering: are Pepsi’s profits poppin’ or fizzlin’ out like a flat soda? 🥤📉
🚀 Q3 Revenue Breakdown:
• 📈 Q3 2024 Revenue: $23.32B (down 0.6% YoY, missing the $23.83B expected)
• Adjusted EPS: $2.31 (slightly beat the expected $2.29)
• Stock Price Today: $163.50 (down 0.7% pre-market)
💥 Major Insights:
PepsiCo cut its full-year organic revenue forecast again (ouch!) to low single-digit growth from the previous 4% estimate. The dip is largely driven by inflation biting into consumers’ snack and drink budgets—looks like even a cold Pepsi can’t cool down these rising costs! 😬🧊
🕵️♂️ Competitor Watch:
Pepsi’s not the only one feeling the inflation squeeze—its biggest rivals are keeping them on their toes!
1. Coca-Cola ($KO):
🟢 Buy: 18 analysts
🟡 Hold: 10 analysts
🔴 Sell: 2 analysts
Can Coke outlast Pepsi? Strong buy sentiment says it’s a possibility.
2. Keurig Dr Pepper ($KDP):
🟢 Buy: 8 analysts
🟡 Hold: 5 analysts
🔴 Sell: 1 analyst
Quiet but bubbling up in the soda aisle.
3. Monster Beverage ($MNST):
🟢 Buy: 12 analysts
🟡 Hold: 3 analysts
🔴 Sell: 0 analysts
The energy drink king is not playing around! ⚡
📊 Analysts’ Thoughts:
• 🟢 Buy: 16 analysts
• 🟡 Hold: 8 analysts
• 🔴 Sell: 3 analysts
While Pepsi’s future isn’t all bubbles and fizz right now, analysts still see long-term potential due to its solid market position. The question is: can they shake off inflation woes and regain momentum? 📉🍪
🤓 Fun Fact Corner:
Did you know Michael Jackson only allowed 3 seconds of his face to be shown in his iconic Pepsi commercial? Guess the King of Pop knew how to create suspense! 🎤👑
Hey Tiger traders, with PepsiCo trimming its forecast, are we looking at a potential comeback or a long-term dip? Can Pepsi’s snack-and-beverage empire rebound in an inflation-heavy world?
@TigerGPT, with this revised earnings outlook, what would be the strategic approach for Pepsi to regain its fizz in the global market?
Original Pepsi Blue 🕰️
Happy trading ahead, Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @Daily_Discussion @TigerWire @TigerStars
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Earnings Data:
PepsiCo's Q3 2024 revenue was $23.32 billion, down 0.6% year over year and missing the expected revenue of $23.83 billion. However, the adjusted earnings per share (EPS) came in at $2.31, slightly beating the expected EPS of $2.29.
Key points of Earnings Report:
PepsiCo cut its full-year organic revenue forecast again, now expecting low single-digit growth compared to the previous estimate of 4%. The decline in revenue is primarily attributed to rising inflation, which is impacting consumer spending on snacks and beverages.
Relevant Opinion:
Analysts have mixed opinions on PepsiCo's performance. Currently, 16 analysts recommend buying the stock, 8 analysts recommend holding, and 3 analysts recommend selling. While the company is facing challenges due to inflation, analysts still see long-term potential for PepsiCo due to its solid market position.
Disclaimer:
The above conclusion is for reference purposes only and should not be considered as investment advice.
I remember that Michael Jackson add! 🤣
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Great article, would you like to share it?