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Here's what PepsiCo reported, compared to what Wall Street expected, per Bloomberg consensus data: Adjusted earnings per share: $2.31, versus $2.30 expected Revenue: $23.3 billion, compared to $23 ...
PepsiCo Inc (NASDAQ:PEP) shares are trading lower after the company reported mixed third-quarter results and lowered its 2024 organic revenue guidance. The company reported a third-quarter net ...
PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$70 billion. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé.
PepsiCo also posted a surprise drop in third-quarter revenue, driven in part by a 13% slump in sales at Quaker Foods, which is still reeling from the impact of product recalls earlier this year.
While PepsiCo previously guided for organic revenue growth of at least 4%, it now expects approximately 4%. But it reiterated its core constant currency earnings growth outlook of at least 8%.
Despite reporting disappointing third-quarter 2024 earnings on Oct. 8, PepsiCo (NASDAQ: PEP) stock rose modestly during the session likely because investors were expecting even worse results ...
Good morning, and welcome to PepsiCo's 2024 third-quarter earnings question-and-answer session. [Operator instructions] Today's call is being recorded and will be archived at www.pepsico.com.
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 ...