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2021-07-13

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PepsiCo Q2 Adj. EPS $1.72 Beats $1.53 Estimate

PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for i

PepsiCo Q2 Adj. EPS $1.72 Beats $1.53 Estimate

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EPS $1.72 Beats $1.53 Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-13 18:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>PepsiCo&nbsp;on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings beat.</p>\n<p>The company also raised its outlook for its full-year adjusted earnings per share growth.</p>\n<p>Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:</p>\n<ul>\n <li>Earnings&nbsp;per share: $1.72 adjusted vs. $1.53 expected</li>\n <li>Revenue: $19.22 billion vs. $17.96 billion expected</li>\n</ul>\n<p>Pepsi reported fiscal second-quarter net income of $2.36 billion, or $1.70 per share, up from $1.65 billion, or $1.18 per share, a year earlier.</p>\n<p>Excluding items, the company earned $1.72 per share, beating the $1.53 per share expected by analysts surveyed by Refinitiv.</p>\n<p>Net sales&nbsp;surged&nbsp;20.5% to $19.22 billion, topping expectations of $17.96 billion. Organic revenue, which strips out the impact of foreign currency, acquisitions and divestitures, rose 12.8%.</p>\n<p>On the heels of such a strong quarter, the company said that it now expects constant currency earnings per share growth of 11%, up from its prior forecast of high-single digit growth. Analysts were expecting full-year earnings growth of 7.2%. Pepsi also narrowed its forecast for 2021 organic revenue growth from mid-single digits to 6%.</p>\n<p>PepsiCo&nbsp;shares&nbsp;rises&nbsp;1.87%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/08b77e5b5cd748b0375de80e5dbf0f32\" tg-width=\"1274\" tg-height=\"615\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","PEP":"百事可乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151550734","content_text":"PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings beat.\nThe company also raised its outlook for its full-year adjusted earnings per share growth.\nHere's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:\n\nEarnings per share: $1.72 adjusted vs. $1.53 expected\nRevenue: $19.22 billion vs. $17.96 billion expected\n\nPepsi reported fiscal second-quarter net income of $2.36 billion, or $1.70 per share, up from $1.65 billion, or $1.18 per share, a year earlier.\nExcluding items, the company earned $1.72 per share, beating the $1.53 per share expected by analysts surveyed by Refinitiv.\nNet sales surged 20.5% to $19.22 billion, topping expectations of $17.96 billion. Organic revenue, which strips out the impact of foreign currency, acquisitions and divestitures, rose 12.8%.\nOn the heels of such a strong quarter, the company said that it now expects constant currency earnings per share growth of 11%, up from its prior forecast of high-single digit growth. Analysts were expecting full-year earnings growth of 7.2%. Pepsi also narrowed its forecast for 2021 organic revenue growth from mid-single digits to 6%.\nPepsiCo shares rises 1.87% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}