PepsiCo's Q2 Outlook: Analyst Revisions and Strategic Shifts
PepsiCo (PEP) is set to release its second-quarter earnings, with analysts anticipating EPS of $2.03 and revenue of $22.3 billion. Recent forecasts from top-tier analysts show varying price target adjustments. Concurrently, PepsiCo has announced a significant collaboration with Cargill to advance sustainable agriculture practices, underscoring its commitment to environmental responsibility. The stock experienced a modest gain ahead of the earnings report.