PepsiCo: Q4 in line with expectations
(CercleFinance.com) - PepsiCo has reported a net loss of 50 cents per share for the last quarter of 2017, weighed on by a charge relating to the US tax reform.
Adjusted EPS rose by 9% to 1.31 dollar, in line with the consensus.
Revenues of the agri-food group, which amongst other brands owns Pepsi cola, Lays crisps and Quaker cereals - were flat at 19.5 billion dollars, although were up 2.3% in organic terms.
With adjusted FY 2017 EPS of 5.23 dollars, PepsiCo expects 9% EPS growth to 5.70 dollars in 2018, for organic sales growth "at least in line with the growth rate of 2017".
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Adjusted EPS rose by 9% to 1.31 dollar, in line with the consensus.
Revenues of the agri-food group, which amongst other brands owns Pepsi cola, Lays crisps and Quaker cereals - were flat at 19.5 billion dollars, although were up 2.3% in organic terms.
With adjusted FY 2017 EPS of 5.23 dollars, PepsiCo expects 9% EPS growth to 5.70 dollars in 2018, for organic sales growth "at least in line with the growth rate of 2017".
Copyright (c) 2018 CercleFinance.com. All rights reserved.