News Formal

PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

France Nouvelles Nouvelles

PepsiCo Inc. said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in...

PepsiCo Inc. PEP said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjusted for non-recurring items, the company had EPS of $1.67, ahead of the $1.65 FactSet consensus. Revenue rose to $27.996 billion from $25.248 billion a year ago, also ahead of the FactSet consensus of $26.828 billion. The company is now expecting 2023 adjusted EPS of $7.20, below the FactSet consensus of $7.

PEP said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjusted for non-recurring items, the company had EPS of $1.67, ahead of the $1.65 FactSet consensus. Revenue rose to $27.996 billion from $25.248 billion a year ago, also ahead of the FactSet consensus of $26.828 billion. The company is now expecting 2023 adjusted EPS of $7.20, below the FactSet consensus of $7.27.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Phoenix Coqui awarded $10,000 from PepsiCo ahead of Super Bowl - Phoenix Business JournalPepsiCo Juntos Crecemos and 'That 70s Show' star Wilmer Valderrama presented $10,000 checks to five Hispanic-owned restaurants in the Valley to help them prepare for expected demand during the Super Bowl.
La source: phxbizjournal - 🏆 254. / 63 Lire la suite »

Phoenix Coqui awarded $10,000 from PepsiCo ahead of Super Bowl - Phoenix Business JournalPepsiCo Juntos Crecemos and 'That 70s Show' star Wilmer Valderrama presented $10,000 checks to five Hispanic-owned restaurants in the Valley to help them prepare for expected demand during the Super Bowl.
La source: phxbizjournal - 🏆 254. / 63 Lire la suite »