PepsiCo(PEP)
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PepsiCo Stock on Track for Worst Day Since October
Schaeffers Research· 2024-02-09 15:47
PepsiCo Inc (NASDAQ:PEP) missed revenue estimates for the fourth quarter, amid higher borrowing costs and slowing demand for its products thanks to increasing prices. Though earnings beat expectations, PEP is down 2.9% to trade at $168.75 at last check. The security is today on track for its worst single-day percentage loss since October, and could mark its first weekly loss in three. The 180-day moving average lingers as a firm level of resistance, yesterday rejecting the stock's rally to the $174 mark. In ...
Compared to Estimates, PepsiCo (PEP) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-09 15:31
For the quarter ended December 2023, PepsiCo (PEP) reported revenue of $27.85 billion, down 0.5% over the same period last year. EPS came in at $1.78, compared to $1.67 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $28.24 billion, representing a surprise of -1.39%. The company delivered an EPS surprise of +3.49%, with the consensus EPS estimate being $1.72.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...
PepsiCo did not lose its fizz; buy on the dip
MarketBeat· 2024-02-09 15:20
Key PointsPepsiCo had a mixed quarter, but the margin shined, and the cash flow was solid. Guidance is mixed but expects wider margin and earnings aligning with analysts' forecasts. Analysts peg the stock at "hold" and should sustain the rating in Q1 2024. 5 stocks we like better than PepsiCoPepsiCo Inc. NASDAQ: PEP did not lose its fizz, but the heady days of consensus-beating revenue growth tied to pandemic snacking and inflation are over. However, it leaves an era of solid performance and widening margin ...
PepsiCo (PEP) Q4 Earnings Surpass Estimates
Zacks Investment Research· 2024-02-09 13:10
PepsiCo (PEP) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.49%. A quarter ago, it was expected that this food and beverage company would post earnings of $2.17 per share when it actually produced earnings of $2.25, delivering a surprise of 3.69%.Over the last four quarters, the c ...
PepsiCo earnings top estimates, but quarterly revenue slides
CNBC· 2024-02-09 11:15
In this articlePepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023.PepsiCo on Friday reported mixed quarterly results as North American demand for its food and drinks weakened.Shares of the company fell more than 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share: $1.78 adjusted vs. $1.72 expectedRevenue: $27.85 billion vs. $28.4 billion expectedPepsi rep ...
PepsiCo's stock falls after a surprise revenue decline, while profit beat views and the dividend was raised
Market Watch· 2024-02-09 11:12
Shares of PepsiCo Inc. PEP, +1.39% fell 1.1% to pull back from a five-month high in premarket trading Friday, after beverage and snack giant reported a surprise drop in fourth-quarter revenue, amid weakness in the North America businesses, but beat profit expectations and raised its dividend by 7%. Net income jumped to $1.3 billion, or 94 cents a share, from $518 million, or 37 cents a share, in the year-ago period. Excluding nonrecurring items, core earnings per share of $1.78 beat the FactSet consensus o ...
PepsiCo(PEP) - 2023 Q4 - Annual Report
2024-02-08 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-1183 PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter) North Carolina 13-1584302 (State or Other J ...
Here's Why PepsiCo (PEP) is a Strong Momentum Stock
Zacks Investment Research· 2024-02-08 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...
PepsiCo Declares Quarterly Dividend
Prnewswire· 2024-02-07 21:30
PURCHASE, N.Y., Feb. 7, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which began with the June 2023 payment. This dividend is payable on April 1, 2024 to shareholders of record at the close of b ...
Unlocking Q4 Potential of PepsiCo (PEP): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-06 15:21
Wall Street analysts forecast that PepsiCo (PEP) will report quarterly earnings of $1.72 per share in its upcoming release, pointing to a year-over-year increase of 3%. It is anticipated that revenues will amount to $28.24 billion, exhibiting an increase of 0.9% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...