Analysts expect the snacks and beverages giant to report quarterly earnings at $2.26 per share, down from $2.31 per share in the year-ago period. PepsiCo is expected to announce quarterly revenue of $23.86 billion, compared to $23.32 billion a year earlier, according to data from Benzinga Pro.
On Monday, JP Morgan analyst Andrea Teixeira maintained PepsiCo with a Neutral rating and lowered the price target from $157 to $151.
With the recent buzz around PepsiCo, some investors may be eyeing potential gains from the company’s dividends too. As of now, PepsiCo offers an annual dividend yield of 4.04%, which is a quarterly dividend amount of …