PepsiCo earnings crush estimates as restaurant demand returns, company raises forecast

The company also raised its forecast for its fiscal 2021 constant currency earnings.In this article

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $19.22 billion vs. $17.96 billion expected

$PEP 👉🏼 PepsiCo ✅Mature and stable business ✅Cash cow business ✅High returns on capital business ✅Global and dominant business ✅It owns many valuable brand assets ✅It has pricing power ✅Wide-moat business ✅Dividend aristocrat ✅Shareholder-friendly business

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Stock indexes notch more records ahead of earnings reportsMajor stock indexes notched more record highs on Wall Street on Monday as investors look ahead to a wave of earnings reports from big U.S. companies coming out this week
Source: latimes - 🏆 11. / 82 Read more »