Market Overview

PepsiCo: Q2 Earnings Insights

Share:

Shares of PepsiCo (NASDAQ:PEP) rose 1.7% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 14.29% over the past year to $1.32, which beat the estimate of $1.25.

Revenue of $15,945,000,000 decreased by 3.06% from the same period last year, which beat the estimate of $15,380,000,000.

Guidance

PepsiCo hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 13, 2020

Time: 08:15 AM

ET Webcast URL: https://www.pepsico.com/investors/financial-information/events-and-presentations

Price Action

Company's 52-week high was at $147.20

52-week low: $101.42

Price action over last quarter: Up 2.65%

Company Overview

PepsiCo is one of the largest food and beverage companies globally. It makes, markets, and sells a slew of brands across the beverage and snack categories, including Pepsi, Mountain Dew, Gatorade, Doritos, Lays, and Ruffles. The firm uses a largely integrated go-to-market model, though it does leverage third-party bottlers, contract manufacturers, and distributors in certain markets. In addition to company-owned trademarks, Pepsi manufactures and distributes other brands through partnerships and joint ventures with companies such as Starbucks. The firm segments its operations into four primary geographies, with North America (comprising Frito-Lay North America, Quaker Foods North America, and North America beverages) constituting over 60% of consolidated revenue.

 

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Posted-In: Earnings News