PepsiCo (PEP) Tops Q2 EPS by 12c, Musses on Revenue; Offers FY24 EPS Guidance
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PepsiCo reports Q2 earnings above estimates, adjusts organic revenue growth outlook
July 11, 2024 6:18 AM EDTPepsiCo (NASDAQ: PEP) reported second-quarter earnings per share (EPS) that surpassed analyst estimates, while revenue fell slightly short.
The soft beverage maker posted Q2 EPS of $2.28, topping the projected $2.16. Revenue for the quarter totaled $22.5 billion, compared to the consensus estimate of $22.66 billion.
Pepsi shares fell around 1.7% in premarket trading Thursday.
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