PepsiCo Beats on Bottom Line, But US Market Weak

HFA Padded
HFA Staff
Published on
Updated on

PepsiCo, Inc. (NYSE:PEP) released it earnings report for the three months ended September 30 this morning before the market opened on Wall Street. The beverage and food company showed earnings of $1.24 per share for the period. Pepsi brought in $16.96 billion in revenue in the period. Shares in PepsiCo were trading at $80.60 in pre-market hours. In anticipation of this earnings report analysts following PepsiCo, Inc. (NYSE:PEP) were looking for earnings of $1.17 per share on revenue totaling $17 billion. In the same three months of last year the company earned $1.20 per share on revenue of $16.7 billion. Pepsi…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.