PepsiCo(PEP)

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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 ...
The #JOMO is Real: Frito-Lay Predicts Couches and Comfort as the MVPs of Game Day
Prnewswire· 2024-02-06 14:05
Win or lose, at home or not – more than one-third of Americans also admit they'll likely miss work on MondayPLANO, Texas, Feb. 6, 2024 /PRNewswire/ -- The first-ever Super Bowl in Las Vegas will be among the year's most exciting cultural moments – but for a staggering 81% of Americans, watching it all from the couch is much better. Frito-Lay's annual Super Bowl Snack Index today reveals an uptick in symptoms of #JOMO (Joy of Missing Out), as nearly half of Americans also admit they will prioritize watching ...
PepsiCo (PEP) Sees Brand Strength: Will Its Q4 Earnings Beat?
Zacks Investment Research· 2024-02-05 18:36
PepsiCo, Inc. (PEP) is expected to register bottom and top-line growth when it reports fourth-quarter 2023 numbers on Feb 9, before the opening bell. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $28.2 billion, implying 0.9% growth from the year-ago quarter's reported figure.For quarterly earnings, the Zacks Consensus Estimate is pegged at $1.72, suggesting 3% growth from the $1.67 reported in the prior-year quarter. The consensus mark has been unchanged in the past 30 days.In the la ...
New Flavor Icons - Dina & Mita - Heat Up Super Bowl LVIII in First-Ever Doritos® Dinamita® In-Game Commercial
Prnewswire· 2024-02-05 15:00
"I know everyone is going to love Dina and Mita just as much as I do. Their fire and spice were delivered so authentically in the commercial, thanks to the talented, diverse cast and crew," said star Jenna Ortega. "It means so much to me to not only star alongside Dina and Mita, but to collaborate with the whole team to bring the story of Dinamita's explosive flavors to life and to connect with Latin and Hispanic cultures." In the commercial, airing during the third quarter of Super Bowl LVIII on Sunday, ...