What to Expect From PepsiCo’s Upcoming Q1 Report?
<p>RBC Capital analysts provided a preview on <a href='https://financialmodelingprep.com/financial-summary/PEP'>PepsiCo (NASDAQ:PEP)</a> ahead of the company’s upcoming Q1/23 earnings, scheduled to be reported on April 25.</p>
<p>The analysts expect organic sales growth of 9.5%, compared to the Street estimate of 9.1%. Q1 EPS was $1.39, above the Street estimate of $1.38.</p>
<p>The company’s US trends were strong in Q1 as evidenced by IRI data and RBC’s channel checks, driven by pricing and the Frito business. IRI total US tracked channel sales were up 12.2% year-over-year, modestly deaccelerating from 12.8% in Q4/22. </p>
<p>By segment, Pepsi Beverages North America (PBNA), Frito-Lay North America (FLNA), and Quaker Foods North America (QFNA) were up 10.2%, 15.4%, and 8.4% year-over-year, respectively.</p>

NASDAQ:PEP