Earnings

PepsiCo (PEP) Q1 2022 earnings beat estimates

0


In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois.

Scott Olson | Getty Images

PepsiCo on Tuesday reported quarterly earnings and revenue that topped analyst expectations as consumers paid more for their Doritos, Quaker oatmeal and Gatorade.

On the heels of its strong performance, the company raised its full-year forecast for organic revenue growth.

Shares of the company were flat in premarket trading.

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

  • Earnings per share: $1.29 adjusted vs. $1.23 expected
  • Revenue: $16.2 billion vs. $15.56 billion expected

Pepsi reported…



Source cnbc.com

0 0 votes
Article Rating

World’s first floating city prototype: Busan, South Korea

Previous article

Masdar signs deal for major green hydrogen projects in Egypt

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings