Overview

* PepsiCo Q3 2025 net revenue grew 2.6%, reflecting resilience in international business

* Core EPS for Q3 2025 beat analyst expectations, reaching $2.29

* Co names Steve Schmitt CFO replacing Jamie Caulfield

* Company affirms 2025 guidance, expects low-single-digit organic revenue growth

Outlook

* PepsiCo ( PEP ) expects low-single-digit organic revenue growth for 2025

* Company anticipates core constant currency EPS to be flat with prior year

* PepsiCo ( PEP ) revises foreign exchange impact to a 0.5 percentage point headwind

Result Drivers

* INTERNATIONAL RESILIENCE - PepsiCo ( PEP ) attributes net revenue growth to strong international business performance

* COST OPTIMIZATION - Co aims to aggressively optimize cost structure to fund growth activities

* PORTFOLIO RESHAPING - Co continues to reshape its portfolio to offer good value to consumers

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Core Beat $2.29 $2.26

EPS (14

Analysts

)

Q3 EPS $1.90

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 16 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the non-alcoholic beverages peer group is "buy."

* Wall Street's median 12-month price target for PepsiCo Inc ( PEP ) is $155.00, about 10.4% above its October 8 closing price of $138.84

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)