PepsiCo, Inc. (PEP) - Get Report is expected to report earnings of $1.49 a share on sales of $19.5 billion before the market opens Feb. 15, based on a FactSet survey of 20 analysts.

In the same period a year ago the soft drink and snack food maker posted earnings of $1.31 a share on sales of $19.5 billion.

The report comes in the wake of a downbeat outlook from rival Coca-Cola (KO) - Get Report on Thursday.

PepsiCo stock has risen 5% since the company last reported earnings on Oct. 2.

Quarterly estimates have risen less than 1 cent a share in the past month.

PepsiCo is currently trading at a price-to-forward-earnings ratio of 19.1 based on the 12-month estimates of 22 analysts surveyed by FactSet.