Factors at Play PepsiCo's robust surprise trend is mainly attributable to strong performances in international divisions, propelled by higher revenue growth in developing and emerging markets. PepsiCo expects the soft margin trends to continue through the rest of 2018, owing to inflationary input costs and higher investments to drive business growth. PepsiCo, Inc.PEP is set to report fourth-quarter 2018 results on Feb 15, before the market opens.