PepsiCo (PEP) reported Q4 FY 2020 earnings of $1.47 per share (versus $1.45 per share in Q4 FY 2019), beating analysts’ consensus estimate of $1.46 per share.
The company’s quarterly revenues amounted to $22.455 bln (+8.8% y/y), beating analysts’ consensus estimate of $21.759 bln.
The company also announced a 5% increase in its annualized dividend to $4.30/share from $4.09/share.
PEP rose to $138.10 (+0.29%) in pre-market trading.