11 07, 2024

PepsiCo Dips on Weak Demand Despite Profit Improvement: 3 Things Investors Need to See

By |2024-07-11T14:39:28+00:00July 11th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

PepsiCo (PEP) reported second-quarter earnings that came in above analyst expectations on the bottom line this morning. Yet, the stock is down slightly as the continued downward trajectory for demand paints a concerning picture. Income of $3 billion was a 12% improvement year over year, and this worked out to an adjusted $2.28 per [...]

10 10, 2023

PepsiCo Gains 2% on Earnings Beat, Raised Guidance – But is it Time to Buy This Stock?

By |2023-12-07T19:49:54+00:00October 10th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Beverage and snack giant PepsiCo Inc. (PEP) is trading marginally higher in Tuesday morning’s session after the company reported third-quarter earnings that beat the analyst consensus. The company grew revenue from $21.971 billion to $23.453 billion while surpassing the FactSet consensus of $23.413 billion. The bottom line grew too, though. Net income climbed to [...]

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