Company News: PepsiCo (PEP) quarterly results beat analysts’ expectations

Market news

15 April 2021

Company News: PepsiCo (PEP) quarterly results beat analysts’ expectations

PepsiCo (PEP) reported Q1 FY 2021 earnings of $1.21 per share (versus $1.07 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.12 per share.

The company’s quarterly revenues amounted to $14.820 bln (+6.8% y/y), beating analysts’ consensus estimate of $14.544 bln.

PEP rose to $$142.90 (+0.56%) in pre-market trading.

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