Inside PEP’s Results
The company reported earnings of $1.31 billion, or 87 cents per share, down from $1.74 billion, or $1.12 per share, a year ago. Adjusted earnings were $1.12 per share – above analysts’ estimate of $1.08 per share.
Revenue dropped to $19.948 billion from $20.12 billion. Analysts expected to see revenue of $19.66 billion.
PepsiCo expects to see earnings growth of 7% for FY2015. Analysts expect to see EPS of $4.75.
Snack Business Boosting Profits
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.69%|
|VFINX||Vanguard 500 Index||1.08%|
|YACKX||AMG Yacktman Service||0.81%|
The Bottom Line
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