Previous close | 177.03 |
Open | 175.60 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 175.60 - 175.98 |
52-week range | 155.87 - 196.83 |
Volume | |
Avg. volume | 32,520 |
Market cap | 242.506B |
Beta (5Y monthly) | 0.58 |
PE ratio (TTM) | 29.38 |
EPS (TTM) | 5.99 |
Earnings date | 23 Apr 2024 |
Forward dividend & yield | 4.83 (3.01%) |
Ex-dividend date | 31 Aug 2023 |
1y target est | N/A |
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. Sales were hurt by a recall early in the quarter of Quaker Oats cereal, bars and snacks because of potential contamination with salmonella. Quaker Foods sales dropped 24% during the quarter.
PepsiCo reports earnings of $1.61 a share on revenue of $18.3 billion in the first quarter of 2024, beating analysts' expectations.
PepsiCo beat Wall Street expectations for first-quarter revenue on Tuesday as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its international markets. Consumers have remained resilient and shelled out money for PepsiCo's Lays chips and 7UP products across the company's international markets, helping offset a slowdown witnessed in its major market United States. Several rounds of price hikes in the U.S. have led consumers in the region to push back on the company's sodas and juices as sticky inflation makes customers cautious with their spending.