Pepsico, Inc. (PEP) 2Q20 Earnings Sneak Preview

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Pepsico, Inc. (NASDAQ:PEP) is set to announce second quarter earning results on Monday 13th July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, PEP to report 2Q20 income of $ 1.25 per share.

For the full year, analysts anticipate top line of $ 67170.90 million, while looking forward to income of $ 5.34 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 5.88 ~ $ 5.88 per share

Click Here For More Historical Outlooks Of Pepsico, Inc.

Previous Quarter Performance

Pepsico, Inc. unveiled income for the first quarter of $ 1.07 per share, from the revenue of $ 13,881.00 million. The quarterly earnings enlarged 10.31 percent while revenues escalated 7.74 percent compared with the same quarter last year.
Wall street analysts are predicting, PEP to report 1Q20 income of $ 1.03 per share from revenue of $ 13139.20 million. The bottom line results topped street analysts by $ 0.04 or 3.88 percent, at the same time, top line results outshined analysts by $ 741.80 million or 5.65 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Pepsico, Inc.

Stock Performance

According to the previous trading day, closing price of PEP was $ 134.46, representing a 32.58 % increase from the 52 week low of $ 101.42 and a 8.65 % decrease over the 52 week high of $ 147.20.

The company has a market capital of $ 187.49 billion and is part of the Consumer Defensive sector and Beverages – Soft Drinks industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 1.0225 per share on May 5, 2020. The dividend were payable on June 30, 2020 to holders of record as of the close of business on June 5, 2020 and ex-dividend date on June 4, 2020.

Conference Call

Pepsico, Inc. company executive(s), Ramon Laguarta, Chairman and Chief Executive Officer, and Hugh Johnston, Vice Chairman and Chief Financial Officer will conduct a live question and answer session for analysts At 8:15 AM Eastern Time.

PepsiCo, Inc. operates as a food and beverage company worldwide. The companys Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lays potato, Ruffles potato, and Tostitos tortilla chips.