Earnings

PepsiCo (PEP) Q1 2021 earnings beat

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Cases of Pepsi are shown for sale at a store in Carlsbad, California, April 22, 2017.

Mike Blake | Reuters

PepsiCo on Thursday reported quarterly earnings that topped analyst estimates even as the company saw uneven recoveries in its international markets.

It’s the company’s first quarter facing tough comparisons to early stockpiling. CEO Ramon Laguarta said Pepsi also dealt with weather-related business interruptions in the United States.

Shares of the company rose less than 1% in premarket trading.

Here’s what Pepsi reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $1.21 adjusted vs. $1.12 expected
  • Revenue: $14.82…



Source cnbc.com

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