PepsiCo (PEP) reports fiscal Q3 earnings on Thursday, Oct. 8. Analysts expect adjusted EPS of $2.30, barely above last year’s $2.29. PepsiCo has beaten earnings estimates in its last four quarterly reports.
But shareholders have had a tough year. PepsiCo shares have fallen 11.50% over the past 52 weeks, while the S&P 500 ($SPX) gained 15.76% and the broader consumer staples sector rose 5.5%.
