Loading... Loading... Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on the shares of PepsiCo Inc PEP with a price target of $195. PEP delivered mixed second-quarter results, with softer-than-expected organic revenue growth that was more than offset by strong gross margin expansion, leading to an EPS beat, said the analyst. According to the analyst, organic volumes were under a bit more pressure than expected, down -3%, and were sequentially lower. The Frito Lays North America segment results w ...

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Financials Given the above assumption, PepsiCo expects a core EPS of at least $8.15 for 2024. This suggests a 7% The Zacks Consensus Estimate for J & J Snack's current financial-year sales and earnings suggests growth of 1.6% and 17.6%, respectively, from the year-ago period's reported figures. PepsiCo, Inc. (PEP) has reported robust second-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues lagged. However, the top and bottom lines improved year over year. The comp ...

PepsiCo (PEP) reported $22.5 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.8%. EPS of $2.28 for the same period compares to $2.09 a year ago. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. View all Key Company Metrics for PepsiCo here>>> The reported revenue represents a surprise of -0.25% over the Zacks Consen ...

PepsiCo, Inc. (NASDAQ:PEP) Earnings Conference Call July 11, 2024 8:15 AM ET Company Participants Ravi Pamnani - Senior Vice President, Investor Relations Ramon Laguarta - Chairman & Chief Executive Officer Jamie Caulfield - Executive Vice President & Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Bonnie Herzog - Goldman Sachs Lauren Lieberman - Barclays Bryan Spillane - BofA Kaumil Gajrawala - Jefferies Peter Grom - UBS Filippo Falorni - Citi Andrea Teixeira - JPMorgan ...

PepsiCo (PEP) shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and lowered its full-year organic growth outlook. In prepared remarks, PepsiCo management discussed the impact of rising costs on consumers' ability to spend. Shares of PepsiCo slipped 1% to $162.03 as of 10:40 a.m. ET Thursday. They are down about 4.5% this year. PepsiCo reported second-quarter results that beat analysts' profit expectations but missed on revenue. The company also lowered its ...

PepsiCo (PEP) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earni ...

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023. The company also narrowed its revenue outlook for the full year. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Excluding items, the company earned $2.28 per share. In this article PepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks and snacks. Shares of the comp ...

PepsiCo Reports Second-Quarter 2024 Results; Updates 2024 Financial Guidance | --- | --- | --- | --- | |-------------------------------------------|-------|----------------|--------------| | | | | | | | | Second-Quarter | Year-to-Date | | Organic revenue growth | | 1.9% | 2.3% | | Core EPS | | $2.28 | $3.89 | | Core constant currency EPS change | | 10% | 9% | Please refer to the Glossary for the definitions of non-GAAP financial measures, including "Organic revenue growth," "Core" and "Constant currency," a ...

Loading... "Markets have memories" is an old Wall Street expression — and it's true. It means an important price level can retain its importance for a long time. As you can see on the chart, this is the case with the $162.00 level for PepsiCo Inc PEP. It had support in March and June. Now the shares are testing this level again. Sometimes stocks rally after they fall to a support level. It happened with PepsiCo these last two times and it may be about to happen once more. That's why our team of trading expe ...