Earnings Forecasts: Pepsico and Accolade Set to Report Soon

The report outlines expectations for earnings releases from Pepsico and Accolade, indicating differing trends. Pepsico's EPS forecast shows slight growth, while Accolade anticipates a decrease. These can influence stock valuations significantly.

Date: 07-10-2024

AI Rating: 6

Earnings Per Share (EPS):

Pepsico, Inc. (PEP) is projected to report an EPS of $2.30, a 2.22% increase from the previous year.
Accolade, Inc. (ACCD) forecasts an EPS of -$0.45, reflecting a 4.65% decrease compared to the same quarter last year.

Performance Trends:

Pepsico has consistently beaten earnings expectations over the past year, with a notable outperformance by 6.05% in the 2nd quarter.
Accolade has also met earnings expectations consistently, with a significant 27.08% beat in the 2nd quarter.

Price to Earnings Ratio (P/E):

For Pepsico, the 2024 P/E ratio is 20.66, indicating stronger earnings growth prospects compared to the industry average of 10.40.
Accolade has a negative P/E ratio of -3.38 for 2025, juxtaposed with an industry average of -11.90, hinting at relatively better growth expectations despite the projected EPS decrease.

In conclusion, Pepsico's positive EPS forecast alongside its strong P/E ratio suggests solid investor confidence, which could lead to an uptick in stock prices. Conversely, Accolade's EPS decrease and negative P/E may lead to bearish sentiments among investors, potentially affecting its stock performance negatively.

Stocks: PEP ACCD