What to Expect From PepsiCo Q3 Earnings Results
<p>Deutsche Bank provided its outlook on the upcoming Q3 results (Oct 5) of <a href='https://financialmodelingprep.com/financial-summary/PEP'>PepsiCo, Inc. (NASDAQ:PEP), mentioning that they are positively biased for upside to the consensus estimates and full-year guidance around organic growth, with only some doubt around EPS due to known cost inflation and supply-chain headwinds.</p>
<p>In terms of costs, the brokerage noted that spot commodity inflation will likely become a bigger headwind sequentially vs. Q2 (despite the company's forward buying/structural hedging strategies) and will likely be made worse by industry-wide labor pressures and potential supply-chain bottlenecks—even if the brokerage sees the company in a better position to navigate such challenges versus many peers given scale advantages, established productivity initiatives, and increasingly well-developed revenue growth management strategies.</p>

NASDAQ:PEP