PepsiCo Beats Q3 Profit Estimates but Lowers Revenue Guidance

Key Facts

1PepsiCo reported a $3.05 billion profit for Q3 2026, beating earnings estimates.

2The company lowered its forward revenue guidance despite the current quarter's earnings beat.

PepsiCo reported a $3.05 billion profit for the third quarter of 2026, beating earnings estimates. Barron's reported that the company lowered its forward revenue guidance despite the current quarter's profit exceeding expectations.

PEP closed at $123.73 on October 7, 2026, after reaching a day high of $126.44 and a low of $123.47. The reduction in forward guidance comes as the company's turnaround strategy continues to face challenges in driving top-line growth.