PepsiCo’s Financial Trajectory: A Deep Dive into Their Q3 2023 Financial Results

• Q3 2023 results for PepsiCo shows projected earnings rise to $2.15 per share and revenue increase to $23.43 billion.
• The company's stock closed on a positive note at $161.36 due to market factors and investor reactions.
• The analysis ends with speculative discussion about PepsiCo's future financial position considering the rise in earnings and revenue.

PepsiCo (NASDAQ: PEP) can be expected to have a robust Q3 2023 based on analysts' projections ahead of the expected Oct. 10, 2023 release of its financial results. The predictions peg an increase in both revenue and earnings per share as compared to the previous year, positioning PepsiCo on a promising financial trajectory.

One of the key factors under the scanner is how earnings per share (EPS) are likely to fare. Previous year's earnings of $1.97 per share are anticipated to experience a rise to $2.15 per share. Besides a comforting rise in EPS, it is also projected that revenue will increase from $21.97 billion to $23.43 billion, outlining an optimistic future for PepsiCo. This growth underlines a solid revenue trajectory for this multinational food, snack, and beverage corporation.