The options market is pricing a — move for PEP's 2026-10-08 · after close report. Over its last 8 reports, PEP has actually moved ±3.8% on average (biggest: ±7.5%). That's a 1.3× realized-vs-implied ratio, so the options look underpriced — PEP has historically moved more than the market prices in, which favors buying premium (long straddle/strangle) into the print. It has exceeded the implied move in 75% of those prints, beaten EPS estimates 88% of the time (8 quarters), and the 1-day reaction has been positive 63% of the time (avg +0.7%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-07-09 | 2.19 | 2.20 | beat | ±2.8% | -3.3% | -5% |
| 2026-04-16 | 1.55 | 1.61 | beat | ±3.7% | +2.3% | -0.7% |
| 2026-02-03 | 2.24 | 2.26 | beat | ±1.9% | +2% | +2.5% |
| 2025-10-09 | 2.27 | 2.29 | beat | ±3.2% | +4.2% | +8.9% |
| 2025-07-17 | 2.03 | 2.12 | beat | ±3.5% | +7.5% | +7.6% |
| 2025-04-24 | 1.50 | 1.48 | miss | ±3% | -4.9% | -4.7% |
| 2025-02-04 | 1.95 | 1.96 | beat | ±2.7% | -4.5% | -3.9% |
| 2024-10-08 | 2.30 | 2.31 | beat | ±2.8% | +1.9% | +5.3% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
PEP is scheduled to report on 2026-10-08, after the close. Dates can shift until the company confirms.
The expected move is the size of the post-earnings swing the options market is pricing in (from the ATM straddle). We show PEP's live.
Over its last 8 reports, PEP has beaten EPS estimates 88% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, PEP moved ±3.8% on average versus a ±2.9% implied move — a 1.3× ratio, so the options have been cheap (it moves more than priced). It exceeded the implied move 75% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See PEP's positioning too: PEP gamma exposure → · PEP options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
