PepsiCo, Inc. (PEP)
PepsiCo's Mixed Q3 Results: Modest Gains Amid Global Challenges
PepsiCo (PEP +1%) reported mixed Q3 results, leading to a modest increase in its share price. The company, known for its Frito-Lay and Quaker brands, exceeded earnings expectations but missed revenue estimates, showing a slight year-over-year decline when growth was anticipated.
PepsiCo (PEP) Lowers Revenue Forecast Amid Sales Decline and Middle East Boycott
PepsiCo (PEP, Financial) reported a 0.6% decrease in third-quarter revenue to $23.32 billion, falling short of market expectations of $23.76 billion. However, adjusted earnings per share rose by 5% to $2.31, surpassing the anticipated $2.29.
PepsiCo, Inc. (PEP) Q3 2024 Earnings Call Transcript
PepsiCo, Inc. (NASDAQ:PEP ) Q3 2024 Earnings Conference Call October 8, 2024 8:15 AM ET Company Participants Ravi Pamnani - Senior Vice President, Investor Relations Ramon Laguarta - Chairman & Chief Executive Officer Jamie Caulfield - Executive Vice President & Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bryan Spillane - BofA Kaumil Gajrawala - Jefferies Dara Mohsenian - Morgan Stanley Filippo Falorni - Citi Peter Grom - UBS Robert Moskow - TD Cowen Steve Powers - Deutsche Bank Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Securities Robert Ottenstein - Evercore ISI Kevin Grundy - BNP Paribas Operator Good morning, and welcome to PepsiCo's 2024 Third Quarter Earnings Question-and-Answer Session. Your lines have been placed on listen-only until it is your turn to ask the question.
PepsiCo (PEP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for PepsiCo (PEP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PepsiCo (PEP) Shares Rise Despite Q3 Revenue Miss
PepsiCo (PEP, Financial) saw its stock rise over 1%, closing at $168.97. The company's third-quarter revenue fell 0.6% year over year to $23.32 billion, missing the market expectation of $23.76 billion.
PEP Cuts Guidance Off Revenue Miss, QCOM & AXP Downgrades
PepsiCo (PEP) trading is mixed Tuesday morning after the company lowered its full-year revenue guidance. Qualcomm (QCOM) slipped after getting a downgrade, as did American Express (AXP) following downgrades from BTIG and HSBC.
This Is the Entry Into PepsiCo You've Been Waiting For
Investors looking to enter PepsiCo NASDAQ: PEP stock or build on existing positions should rejoice. The FQ3 2024 earnings report was weaker than expected, causing the stock price to dip.
US Stocks Edge Higher; PepsiCo Cuts 2024 Revenue Outlook
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 0.5% on Tuesday.
PepsiCo (PEP) Lowers Revenue Forecast Amid Sales Decline
PepsiCo (PEP, Financial) released its third-quarter financial results, revealing a 0.6% year-on-year decline in revenue to $23.32 billion, missing the market expectation of $23.76 billion. However, adjusted earnings per share rose by 5% to $2.31, surpassing the expected $2.29.
PepsiCo Posts Weaker-Than-Expected Results, Cuts FY Sales Outlook Again
PepsiCo (PEP) reported declining third-quarter revenue and profit, and again lowered its full-year sales outlook, as the beverage and snack giant said inflation has continued to impact consumer spending.
Is Pepsi Stock a Steal Today? Here's What the Market Says
It's not very often that investors get to pick up a value deal from the stock market. Still, when these sorts of opportunities come around, everyone should get involved before the chance is erased.
PepsiCo (PEP) Beats Q3 Earnings Estimates
PepsiCo (PEP) came out with quarterly earnings of $2.31 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.25 per share a year ago.
