May 6, 2021

Info IEC

Business & Finance Information

Day: April 15, 2021

Instances of Pepsi are proven on the market at a retailer in Carlsbad, California, April 22, 2017.

Mike Blake | Reuters

PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as customers maintained their pandemic snacking habits.

Shares of the corporate rose lower than 1% in premarket buying and selling.

This is what the corporate reported in contrast with what Wall Road was anticipating, primarily based on a survey of analysts by Refinitiv:

  • Earnings per share: $1.21 adjusted vs. $1.12 anticipated
  • Income: $14.82 billion vs. $14.55 billion anticipated

Pepsi reported fiscal first-quarter internet revenue of $1.71 billion, or $1.24

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