Key TakeawaysPepsiCo reported first-quarter results above expectations Tuesday.Shares slipped 2% in intraday trading despite beating revenue and adjusted profit estimates.The company affirmed its full-year guidance, projecting revenue growth of at least 4% compared with 2023. PepsiCo (PEP) reported first-quarter results above expectation, with significant international growth offsetting struggles from the Quaker Foods division, but shares slipped in intraday trading Tuesday. The company's core financial met ...

PepsiCo Inc (NASDAQ:PEP) stock is brushing off better-than-expected first-quarter earnings and revenue, last seen down 3.3% at $170.58. Despite seeing a slowdown in demand for its sodas and snacks in the United States due to high inflation, international markets drove growth.Shares are taking a breather after hitting their highest level since September last session, which came after a bounce off the $166 level earlier this month. The security is today looking to snap a five-day win streak, and has shed 8% i ...

Key PointsPepsiCo had a solid Q1 despite headwinds and reaffirmed its guidance for 2024.Cash flow, balance sheet, and capital returns are healthy and forecasted to improve this year.Analysts have lifted sentiment to Moderate Buy and see the stock moving higher with a chance of setting a new high.5 stocks we like better than PepsiCoConsumer staples and Dividend Kings like PepsiCo NASDAQ: PEP are not often stocks that provide a lot of PEP for a portfolio. However, they can deliver substantial, market-beating ...

PepsiCo (PEP) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.92%. A quarter ago, it was expected that this food and beverage company would post earnings of $1.72 per share when it actually produced earnings of $1.78, delivering a surprise of 3.49%.Over the last four quarters, the c ...

Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City.PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, despite a recall of some Quaker Foods cereal and bars that dented volume.Shares of the company were flat in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.61 adjust ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Beverage behemoth PepsiCo on April 23rd reported a rise in net income and operating profits as earnings rose compared to the previous quarter. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Net income for the quarter stood at $2.04 billion, compared with Q1 of 2023’s net income of $1.94 billion. Revenue for Q1 was reported at $18.25 billion meaning that, net revenue growth was ...

PepsiCo Reports First-Quarter 2024 Results; Affirms 2024 Financial Guidance Reported (GAAP) First-Quarter 2024 Results | | First-Quarter | | --- | --- | | Net revenue growth | 2.3% | | Foreign exchange impact on net revenue | (0.5)% | | Earnings per share (EPS) | $1.48 | | EPS change | 6% | | Foreign exchange impact on EPS | —% | Organic/Core (non-GAAP) First-Quarter 2024 Results 1 | | First-Quarter | | --- | --- | | Organic revenue growth | 2.7% | | Core EPS | $1.61 | | Core constant currency EPS change | ...

Investors are always looking for stocks that are poised to beat at earnings season and PepsiCo Inc. (PEP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because PepsiCois seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP) are the first names that most investors think of when it comes to non-alcoholic beverage stocks.The competition between Coke and Pepsi is intense and cutthroat. Pepsi recently announced that it had wrestled the Subway account away from Coca-Cola.“For nearly twenty years, The Coca-Cola Company has proudly served Subway restaurants in the U.S,” Coca-Cola told Fortune in a statement. “We are committed to serving Subway through the end of this year and will remain fo ...

In its upcoming report, PepsiCo (PEP) is predicted by Wall Street analysts to post quarterly earnings of $1.52 per share, reflecting an increase of 1.3% compared to the same period last year. Revenues are forecasted to be $18.16 billion, representing a year-over-year increase of 1.7%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's ear ...