PEP
$129.50
Pepsico
($.47)
(.36%)
Earnings Details
1st Quarter March 2019
Wednesday, April 17, 2019 6:11:00 AM
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Summary

Pepsico Beats

Pepsico (PEP) reported 1st Quarter March 2019 earnings of $0.97 per share on revenue of $12.9 billion. The consensus earnings estimate was $0.92 per share on revenue of $12.7 billion. The Earnings Whisper number was $0.95 per share. Revenue grew 2.6% 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 $5.50 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
$0.97
Earnings Whisper
$0.95
Consensus Estimate
$0.92
Reported Revenue
$12.88 Bil
Revenue Estimate
$12.65 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

PepsiCo Reports First Quarter 2019 Results

PURCHASE, N.Y., April 17, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that its first quarter 2019 (ended March 23, 2019) financial results and Form 10-Q are available on its website at www.pepsico.com/investors

PepsiCo logo (PRNewsfoto/PepsiCo)

As previously announced, PepsiCo will webcast its earnings conference call for investors and financial analysts at 7:45 a.m. EDT today.  The webcast will be available at www.pepsico.com in the "Investors" section under "Earnings Information."

About PepsiCo 
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business.  For more information, visit www.pepsico.com

 

Contacts:

Investors   

Media


Jamie Caulfield   

Carrie Ratner   


Investor Relations  

Corporate Communications


914-253-3035  

914-253-3817


investor@pepsico.com  

carrie.ratner@pepsico.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/pepsico-reports-first-quarter-2019-results-300833699.html

SOURCE PepsiCo, Inc.