Pepsico: beats consensus in Q3
(CercleFinance.com) - PepsiCo has reported Q3 2019 adjusted EPS of 1.
56 dollar, down 1% excluding currency effects, although six cents above the consensus, while net income reached nearly 17.2 billion dollars, up 4.3% in organic terms.
CEO Ramon Laguarta is pleased with the company's progress in terms of strategic priorities, with it continuing to make necessary investments.
The owner of brands such as Pepsi sodas, Lays crisps and Quaker cereals confirms that it expects FY adjusted EPS, excluding currency effects, that is down 1% and now expects organic revenue growth of at least 4%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
56 dollar, down 1% excluding currency effects, although six cents above the consensus, while net income reached nearly 17.2 billion dollars, up 4.3% in organic terms.
CEO Ramon Laguarta is pleased with the company's progress in terms of strategic priorities, with it continuing to make necessary investments.
The owner of brands such as Pepsi sodas, Lays crisps and Quaker cereals confirms that it expects FY adjusted EPS, excluding currency effects, that is down 1% and now expects organic revenue growth of at least 4%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.