PepsiCo scraps forecast due to coronavirus crisis [Reuters]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Reuters
PepsiCo scraps forecast due to coronavirus crisis (Reuters) - PepsiCo Inc ( PEP.O ) reported a rise in first-quarter revenue, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic. The company’s net revenue rose 7.7% to $13.9 billion in the quarter ended March 21, helped by massive advertising campaigns during the Super Bowl. Net income attributable to the company fell to $1.34 billion, or 96 cents per share, from $1.41 billion, or $1 per share, a year earlier. PepsiCo had previously forecast full-year organic revenue growth of 4% and an increase in core constant currency earnings per share of 7%.
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PEP
News
- PepsiCo (NASDAQ:PEP) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=PEP&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> fromMarketBeat
- PepsiCo (NASDAQ:PEP) was given a new $161.00 price target on by analysts at Piper Sandler.MarketBeat
- PepsiCo Declares Quarterly DividendPR Newswire
- PepsiCo's 2025 Playbook: Can Cost Cuts Fund an Innovation-Led Rebound? [Yahoo! Finance]Yahoo! Finance
- Can Coca-Cola's "All-Weather" Strategy Keep Earnings Bubbling? [Yahoo! Finance]Yahoo! Finance
PEP
Earnings
- 10/10/25 - Beat
PEP
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- PEP's page on the SEC website