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Stock impact report

PepsiCo reports earnings in line with estimates, but expects growth to come at a cost in 2019 [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
PepsiCo reports earnings in line with estimates, but expects growth to come at a cost in 2019 Chris Ratcliffe | Bloomberg | Getty Images An employee pours Pepsi from a soft drink pump behind the bar of a restaurant. PepsiCo Like rival Coca-Cola the global snack and beverage giant is facing foreign exchange pressure "We as a management team made a decision that we're going to accelerate our investments in 2019, back into all our businesses because we think we can accelerate the top-line growth of the company sustainably, which we think long-term is the best outcome for investors ," CFO Hugh Johnston said on CNBC's " Squawk on the Street The food and beverage giant is forecasting that it will earn $5.50 per share during 2019, down from its 2018 earnings per share of $5.66. Wall Street had expected the company to earn $5.86 in 2019, according to Refinitiv estimates. For the fourth quarter, PepsiCo earned $1.49 per share, excluding merger and integration charges, net tax benefits and othe Show less Read more
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