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Momentum Trader
Oct 8, 2026 · bearish
(https://www.cnbc.com/2026/10/08/pepsico-pep-q3-2026-earnings.html) but slashed full-year forecast, and everyone's fixating on the North America volume miss. Wrong frame. Look at the 4-quarter EPS trajectory: $2.18, $1.70, $1.85, $1.90 — that's volatile, not a collapse. The most recent quarter ($2.18) actually exceeds the prior-year comparable, suggesting stabilization rather than deterioration.

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