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How Sweet Were The Soda Pop Quarterly Prints?

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How Sweet Were The Soda Pop Quarterly Prints?

PepsiCo, Inc. (NYSE: PEP)'s earnings report marks an end to earnings season for the soda and beverage makers. Here is a look at how the group performed.

PepsiCo

  • PepsiCo earned $1.20 per share in the fourth quarter on revenue of $19.52 billion.
  • Wall Street analysts were expecting the company to earn $1.16 per share on revenue of $19.51 billion.
  • PepsiCo guided its full fiscal year 2017 earnings per share to be $5.09, which fell short of the $5.16 per share analysts were expecting.
  • Chairman and CEO Indra Nooyi commented: "We concluded 2016 with another strong quarter of operating performance, capping off a successful year. We met or exceeded every financial goal we set for 2016, while delivering a good balance between revenue performance and productivity."

Related Link: Earnings Scheduled For February 15, 2017

Coca-Cola Co

  • The Coca-Cola Co (NYSE: KO) earned $0.37 per share in the fourth quarter on revenue of $9.4 billion.
  • Wall Street analysts were expecting the company to earn $0.37 per share on revenue of $9.13 billion.
  • Shares of Coca-Cola Co fell more than 2 percent after the earnings report.
  • Muhtar Kent, chairman and CEO of Coca-Cola Co commented: "We are pleased to report that we ended 2016 with fourth quarter top- and bottom-line growth within our expectations."

Dr Pepper Snapple

  • Dr Pepper Snapple Group Inc. (NYSE: DPS) reported that it earned $1.04 per share in the fourth quarter on revenue of $1.578 billion.
  • Wall Street analysts were expecting the company to earn $1.06 per share on revenue of $1.57 billion.
  • The company guided its full-year fiscal 2017 earnings per share to a range of $4.44 to $4.54 versus the consensus estimate of $4.41 per share.
  • DPS president and CEO Larry Young commented: "In a continuously competitive environment, we remained focused on our integrated communication and execution strategies and unlocked growth across our priority brand."
 

Related Articles (DPS + KO)

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Posted-In: Beverage Companies Earnings Indra Nooyi Larry YoungEarnings News Movers Trading Ideas Best of Benzinga

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