PepsiCo earnings beat by $0.02, revenue topped estimates

Investing.com – PepsiCo (NASDAQ: PEP) reported first quarter EPS of $1.40, $0.02 better than the analyst estimate of $1.38. Revenue for the quarter came in at $17.85B versus the consensus estimate of $17.24B.

Guidance

PepsiCo sees FY 2023 EPS of $7.20 versus the analyst consensus of $7.28.

PepsiCo’s stock price closed at $185.50. It is up 8.98% in the last 3 months and up 7.04% in the last 12 months.

PepsiCo saw 3 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See PepsiCo’s stock price’s past reactions to earnings here.

According to InvestingPro, PepsiCo’s Financial Health score is “great performance”.

Check out PepsiCo’s , and PepsiCo’s financials here.

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