PepsiCo's results beat as lockdowns boost snack sales
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Guggenheim Reiterates Buy Rating on Pepsico (PEP) Following Investor Call
July 15, 2020 7:56 AM EDTGuggenheim analyst Laurent Grandet reiterated a Buy rating and $151.00 price target on Pepsico (NASDAQ: PEP) following an investor call with management. Grandet thinks CEO Laguarta is taking aggressive steps to reposition the beverage business and capture market share that Grandet expects will provide strong,... More
PepsiCo (PEP) Tops Q2 EPS by 7c
July 13, 2020 6:10 AM EDTPepsiCo (NASDAQ: PEP) reported Q2 EPS of $1.32, $0.07 better than the analyst estimate of $1.25. Revenue for the quarter came in at $15.95 billion versus the consensus estimate of $15.34 billion.
Guidance and Outlook:
As previously disclosed, the Companys financial outlook regarding fiscal year... More
