PepsiCo (NYSE:PEP) is expected to report Q1 earnings before the open on Thursday, April 26, with a conference call scheduled for 8:00 am ET.
Analysts are looking for a profit of 67c on revenue of $12.36B. The consensus range is 64c-69c for EPS on revenue of $12.03B-$12.60B, according to First Call. Investors will be listening to hear the company's commentary on two recently announced deals, a strategic beverage alliance in China with Tingyi and a multi-year partnership with Family Dollar (NYSE:FDO). PepsiCo may also give feedback about its new new marketing campaign for its Pepsi-Cola flagship brand, as the Wall Street Journal said last month that the company plans to launch a new global campaign for the beverage. After rival drink-maker Coca-Cola (NYSE:KO) reported last week that its worldwide volume grew 5% in its last quarter, with 2% growth in North America and 9% growth in China, Pepsi will be expected to detail how its partnerships domestically and abroad will help it match or exceed those results. Investors appear mostly to be standing on the sidelines ahead of the report, with shares up 22c, or 0.33%, to $66.73 in afternoon trading.