Pepsico: contrasted quarterly accounts.
(CercleFinance.com) - PepsiCo's Q3 results, which were unveiled on Wednesday before Wall Street opened, were marked by EPS of 1.
49 dollar, up 12 cents year-on-year.
Excluding extraordinary items, EPS was 1.48 dollar, 5 cents above the consensus.
However, the US soft drinks giant disappointed in terms of revenues, which grew less than expected to 16.24 billion dollars, against 16.03 billion dollars a year ago and 16.35 billion dollars expected by the consensus.
Revenue is now expected to increase by 2.3% in organic terms over the year, against +3% previously announced. However, EPS is expected to rise by 9%, 1 point more than previously expected.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
49 dollar, up 12 cents year-on-year.
Excluding extraordinary items, EPS was 1.48 dollar, 5 cents above the consensus.
However, the US soft drinks giant disappointed in terms of revenues, which grew less than expected to 16.24 billion dollars, against 16.03 billion dollars a year ago and 16.35 billion dollars expected by the consensus.
Revenue is now expected to increase by 2.3% in organic terms over the year, against +3% previously announced. However, EPS is expected to rise by 9%, 1 point more than previously expected.
Copyright (c) 2017 CercleFinance.com. All rights reserved.