PepsiCo Prepares for Q2 Earnings Release on July 11 with Expected $2.17 EPS and $22.69B Revenue

PepsiCo is preparing to release its Q2 earnings, with expectations of $2.17 per share and revenue of $22.69 billion. Ahead of the earnings release on July 11, PepsiCo's stock price has risen by 1.1% to $164.39. Jefferies has lowered its price target for PepsiCo to $200 but maintains a buy rating, citing a slowdown in snacking and revised Frito sales growth to 2%. The upcoming earnings report is anticipated to be released before the bell on July 11, with a projected move of 2.5% in the stock price.