PepsiCo (PEP) Looking Forward To Solid Earnings

PepsiCo (PEP) earnings are to be released tomorrow, April 25th. Alex Coffey and Jenny Horne discuss PEP as the stock is up over 2% year-to-date. They talk about PEP's earnings estimates noting that estimated adjusted EPS is $1.37 and revenue is $17.20B. They go over how PEP says international markets preforming better-than-expected and sales are still holding strong. Alex then demonstrates an example trade using this name, highlighting that there is not a ton of volatility. The trade type is a buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.