PepsiCo, Inc. (PEP)
PepsiCo slips after tweaking guidance as snack sales hit by Salmonella recalls
PepsiCo Inc (NASDAQ:PEP, ETR:PEP) shares fell 2.4% premarket as it tweaked guidance after seeing "subdued" North America snack demand after Salmonella concerns and a fall in drink volumes. However, earnings for the second quarter were better than expected.
PepsiCo earnings beat estimates, but U.S. demand weakens
PepsiCo missed Wall Street's estimates for its second-quarter revenue as its three North American business units reporting declining volume. The company also gave a more cautious outlook for its full-year sales.
PepsiCo's stock falls after revenue misses expectations, amid weakness in convenient foods
Shares of PepsiCo Inc. PEP, +1.04% fell 1% in premarket trading Thursday, after the beverage and snack giant reported second-quarter profit that beat expectations but revenue that came up shy, citing weakness in North America convenient foods and the impacts of product recalls at Quaker Foods. Net income for the quarter to June 15 rose to $3.03 billion, or $2.23 a share, from $2.75 billion, or $1.99 a share, in the same period a year ago.
PepsiCo quarterly revenue misses estimates on slowing demand for snacks, sodas
PepsiCo missed expectations for second-quarter revenue on Thursday as it faced weak demand for its snacks and sodas mainly in the U.S., its largest market.
Stock of the Day: PepsiCo – How To Profit From Market Memory
“Markets have memories” is an old Wall Street expression — and it's true. It means an important price level can retain its importance for a long time.
Should You Buy PepsiCo Stock Before July 11?
PepsiCo is scheduled to report quarterly financial results on July 11.
What To Expect From PepsiCo's Q2?
PepsiCo (NYSE: PEP) will report its Q2 2024 results on Thursday, July 11. We expect the company's revenues to come in at $22.8 billion and earnings at $2.15 on a per share and adjusted basis, broadly aligning with the consensus estimates of $22.7 billion and $2.16, respectively.
Is PepsiCo Stock Going to $190? 1 Wall Street Analyst Thinks So
Although the pundit cut his price target he still feels the shares have double-digit upside. The beverage and snacks conglomerate is reliably, and robustly, profitable.
How To Earn $500 A Month From PepsiCo Stock Ahead Of Q2 Earnings Report
PepsiCo, Inc. PEP will release its second-quarter financial results, before the opening bell on Thursday, July 11.
Pepsi faces tough choices amid industry struggles, says Bank of America
PepsiCo Inc (NASDAQ:PEP, ETR:PEP)'s financial outlook faces mounting pressures as the food and beverage industry continues to grapple with weak demand, according to a recent note from Bank of America. The consumer goods giant may soon be forced to choose between stretching its profit and loss statement to meet earnings per share (EPS) targets or easing its pursuit of those targets to prevent deep cost-cutting measures, analysts wrote.
3 Highly Profitable Companies Set for Double-Digit Upside
Most investors fail to realize that a stock price has nothing to do with the underlying company, as more than 90% of the time, there is a wide gap between value and price. How come businesses like PepsiCo Inc. NASDAQ: PEP, which have a solid global presence with sales coming in almost auto-pilot mode, are trading at 5% over its 52-week low price?
Pre-Q2 Earnings Review: To Buy or Not to Buy PepsiCo (PEP)?
A strong beverage unit and its international units' momentum to aid PepsiCo's (PEP) Q2 results. However, recall-related woes are likely to have hurt.
