In today’s post:

  • 🥤 One Penny Cost Pepsi 20%

🥤 One Penny Cost Pepsi 20%

On July 9th, PepsiCo $PEP ( ▲ 2.65% ) reported Q2 2026 and beat revenue estimates by $214.74 million.

The stock got sold anyway.

Revenue landed at $24.18 billion, up 6.4% YoY. Core EPS came in at $2.20, up 4%, and missed consensus by exactly one cent.

One cent. Shares dropped to $137.63.

That price hands you a Dividend King at 16 times 2026 earnings with a 4.3% forward yield and a $187.74 billion market cap.

So here's the question. Did the market find a genuine crack in PepsiCo, or did it just panic over a rounding error?

Let's go find out.

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