It surprised no one, but it was still welcome news for investors to see. Last week, PepsiCo (PEP -0.92%) announced it was increasing its dividend, just as it has dozens of times as part of its yearly fourth-quarter earnings update. The payout hike marked the 52nd consecutive annual boost for the beverage and snack giant, in fact.There will be more payout increases ahead for this dominant business. But the higher dividend reflected both good and bad news about its recent operating trends. Here's what investo ...

PepsiCo (PEP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this food and beverage company have returned +0.7%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Beverages - Soft drinks industry, which PepsiCo falls in, has gained 0.3%. The key question now is: What could be the stock's future dir ...

JHVEPhoto I spent the weekend performing due diligence on PepsiCo (NASDAQ:PEP) after its Q4 report, and I came away impressed. The quarter wasn’t perfect, but I think PEP offers a fairly compelling opportunity here to accumulate more shares. I’ve owned PEP shares for years. I’ve added to this position regularly, and my overall cost basis currently sits at $106.84 (pointing towards gains of approximately 60%). Currently, PEP is my 21st largest holding with a ~1.1% portfolio weighting. Because of the over ...

We’re now two-thirds through fourth-quarter 2023 earnings season. With the majority of companies in the S&P 500 report latest results, 75% posted better-than-expected profits and 65% surprised to the upside with their sales. Overall, earnings are up 2.9% from a year earlier, marking the second consecutive quarter of growth among U.S. companies. Further, Q4 of last year was a strong one for Corporate America. However, exceptions stand out. While most companies beat Wall Street forecasts with their latest pri ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewPepsiCo's US sales are falling as the company keeps putting prices up, executives told investors Friday."We're seeing a bit of a slowdown in the US, both the food category and the beverage categor ...

PepsiCo, Inc. (PEP) has reported robust fourth-quarter 2023 results, wherein earnings surpassed the Zacks Consensus Estimate and improved year over year. The top line missed the consensus estimate and declined year over year.The results reflect gains from strength and resilience in its categories, diversified portfolio, modernized supply chain, improved digital capabilities, flexible go-to-market distribution systems, and robust consumer demand trends. However, soft volumes hurt the top line.PEP shares decl ...

Key TakeawaysHigher prices lifted PepsiCo's earnings, but lower volumes and currency issues dragged down its revenue.The soft drink and snack food maker said disadvantageous foreign exchange rates lowered revenue by 1.5%.PepsiCo raised its annual dividend to $5.42 per share from $5.06.PepsiCo (PEP) reported better-than-expected profit as it benefited from higher prices, but revenue fell for the first time in almost four years because of lower volumes and disadvantageous currency exchange rates. Shares fell ...

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 ...

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 ...

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 ...