PEP
$136.12
Pepsico
($.13)
(.10%)
Earnings Details
3rd Quarter September 2019
Thursday, October 03, 2019 6:00:00 AM
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Summary

Pepsico Beats

Pepsico (PEP) reported 3rd Quarter September 2019 earnings of $1.56 per share on revenue of $17.2 billion. The consensus earnings estimate was $1.50 per share on revenue of $17.0 billion. The Earnings Whisper number was $1.53 per share. Revenue grew 4.3% on a year-over-year basis.

The company said it continues to expect 2019 earnings of approximately $5.50 per share. The current consensus earnings estimate is $5.51 per share for the year ending December 31, 2019.

PepsiCo Inc is a food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.

Results
Reported Earnings
$1.56
Earnings Whisper
$1.53
Consensus Estimate
$1.50
Reported Revenue
$17.19 Bil
Revenue Estimate
$16.97 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

PepsiCo Reports Third-Quarter 2019 Results; Updates Full-Year Organic Revenue Growth Target

PURCHASE, N.Y. - October 3, 2019 - PepsiCo, Inc. (NASDAQ: PEP) today reported results for the third quarter 2019.

“We are pleased with our results for the third quarter,” said Chairman and CEO Ramon Laguarta. “While adverse foreign exchange translation negatively impacted reported net revenue performance, organic revenue growth was 4.3% in the quarter.”

Laguarta continued, “We are making good progress against our strategic priorities and our businesses are performing well as we continue to make the necessary investments in our capabilities, brands, manufacturing and go-to-market capacity to propel our future growth. Given our performance year-to-date, we now expect to meet or exceed our full-year organic revenue growth target of 4%.”

For the full press release, please go here